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What happens when accrued expenses are recorded?
accrued expenses are those costs which have been incurred in a period, but which have not yet been paid for e.g. rental for property for March which is paid in April, must be accounted for (i.e. entered in your books) in March as an accrual
Which ratio shows an organizations effectiveness in minimizing production costs?
There are two measures of production costs: total costs and marginal costs. The relevant ratio depends on which of these is being minimised.
Fixed costs are costs that?
Fixed costs are costs that donot vary with the quantity of the product produce and have no relation with volume of product like administration staff salary or building rent etc.
Profits is calculated by subtracting costs from what?
Profit is calculated by subtracting costs from revenue.
What are the formula to calculate staff cost percentages?
It is 100*staff costs/total costs.
How much of each dollar is spent for administrative costs at March of Dimes?
sixty five cents
How does someone tell if a charity website is real?
One can tell if a charity website is real when the charities spend less than 35% of the donations on fundraising and administrative costs. Check the charity mailings before making any donations.
What percentage of donations to wounded warriors go for advertising and administrative fees?
It depends which charity you donate to. As with any other business there are costs. Unfortunately there are some that take more than 90% for 'administrative' reasons. Obviously such are scams, though legal ones.Please make sure when giving the charity is a reputable one.
Are selling and administrative expenses treated as product costs or as period costs under variable costing?
Period Costs.
Are selling and administrative expenses treated as product costs or period costs under variable costing?
Period Costs.
Under variable costing variable selling and administrative costs are included in product costs?
No. They are not.they are part of period costs.
Is tax payers money is going to the Olympics?
No. The athletes have sponsors and donations to help pay for the costs.
Which country spends the most in administrative health care costs?
The United States.
What percentage of a money donation goes to administrative costs?
It varies from organization to organization.
When you have a nonprofit how much of the donations can go for the support of the nonprofit?
Other any expectations set by the donor, there is no hard and fast rule as to how much of any donation can go for the support of the non profit. For organizations that accept Untied Way funding, the United Way expects an explanation for administrative costs over 25%.
What are the advantages of excess of loss reinsurance?
- Simplified accounting procedures - Low administrative costs
What are the hidden costs of starting a company?
Some of the hidden costs of starting a company include: industry association fees, permit fees, legal fees, administrative costs, and repairs and maintenance.
