Purchases and operating expenditure

Topics

Concept

Label
Purchases and operating expenditure en-NZ
Description

Purchases and operating expenditure are something obtained, especially for a price in money or its equivalent.

The following are included:

  • •purchases of goods, fuels, and materials (whether for production or resale)
  • •general expenses (eg advertising, freight, insurance, motor vehicle, rates, rent, repairs, utilities)
  • •management fees and payments to other businesses or divisions
  • •payments to welfare and superannuation schemes (eg ACC, KiwiSaver)
  • •royalties and patent fees.

While these are excluded:

•interest, dividends, donations, and bad debts •excise duty, fringe benefit tax, and road user charges •extraordinary items (eg exchange rate losses, losses on sales of fixed assets) •depreciation.

en-NZ

Information

http://dbpedia.org/
http://sw.opencyc.org/concept/
http://umbel.org/umbel/
http://en.wikipedia.org/wiki/
http://www.w3.org/2006/03/wn/wn20/

History

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Revision Date Responsibility Rationale
2 30/11/2021 3:58:17 PM