Examlex
What is the purpose of class constructors?
Costs
The monetary value incurred to produce goods or services, including direct expenses, indirect expenses, and overheads affecting a company's profitability.
Operating Expenses
Costs associated with the day-to-day operations of a business, excluding the costs of producing goods sold (COGS); includes expenses like rent, utilities, and salaries.
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life, reflecting the consumption or wear and tear of the asset.
Financial Statement
A formal record of the financial activities and position of a business, person, or other entity, often assessed for financial health and performance.
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