Examlex
Forgetting to record depreciation expense during 2010l:
Cash Operating Costs
Expenses directly related to the daily operational activities of a business, excluding financing costs and taxes.
Depreciated
An accounting process of allocating the cost of a tangible asset over its useful life, reflecting its decrease in value over time.
Marginal Tax Rate
The rate at which an additional dollar of income would be taxed, giving insight into the impact of potential income increases on one's tax burden.
Cash Operating Costs
Expenditures directly related to the day-to-day business operations, excluding non-cash costs.
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