The best way to describe expenses is as the cost of delivering goods and services.
<h3>What exactly is a cost?</h3>
An expense is a business's operational cost incurred to produce income. It takes money to make money, as the adage goes. Supplier payments, staff salaries, manufacturing leases, and equipment depreciation are examples of frequent costs.
<h3>What are some examples of expenses?</h3>
- Cost of goods supplied for routine business operations is one example of a common expense.
- Pay, commissions, and various forms of labor.
- alterations and upkeep.
- Rent.
- utilities (such as heat, air conditioning, lighting, water, and a phone)
- rates for insurance.
- Interest that is owed.
- Bank fees and charges
<h3>Which 5 categories of expenses are there?</h3>
The various expenses include
- Cost of Goods Sold.
- Operating Charges
- Financial Outlays.
- Astonishing Charges.
- Non-operational Costs.
- Other Expenses.
- Prepaid Charges.
- Accrued Costs.
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Answer:
Intermediaries
Explanation:
Intermediaries are individuals or organisations whose main function is to ensure that goods are moved smoothly through the various channels of distribution. They act as a link between the manufacturers and the consumers.
Intermediaries acts as a middleman, they provide feedbacks to the manufacturers on the customer's assessment of the product. They also help in the promotion of goods by employing different advertising strategies inorder to showcase the product to the potential customers.
Hence intermediaries play a crucial role in efficiently making products available to target markets in the required varieties and quantities.
Answer:
Option "B" is the correct answer to the following question:
Explanation:
In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.
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Answer:
A. They may be oral or written
Explanation:
Option B is correct because it may be altered or withdrawn after the policy issuance. Therefore, it is not the answer.
Option C is also correct because the representations statements are true.
Option D is also appropriate with the representation must be made before the issuance of the policy or at the time of issuance. Therefore, it is not the answer.
Option A is false because it must not need to be written. Therefore, it is the correct answer.