Examlex
In which organizational format might the following comment be most likely overheard? "Lau Seng Kong wants me to complete next year's sales forecast for microprocessors produced in our Singapore plant.Ming Wo wants me to suggest a strategy for moving our microprocessor production facilities.I can't do a forecast for the Singapore plant if we're eliminating production there,can I?"
Administration Expenses
Expenses related to the general operation of a business, including executive salaries, HR, and IT, not directly tied to the production or selling of goods/services.
Operating Expense
Expenses that a business incurs through its normal business operations, often excluding the cost of goods sold, financing costs, and taxes.
Income Statement
A document presenting a business's income and outgoings within a set timeframe, leading to a declaration of either profit or loss.
Ending Capital
Beginning Capital + Additional Investments + Net Income – Withdrawals = Ending Capital. Or: Beginning Capital + Additional Investments – Net Loss – Withdrawals = Ending Capital.
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