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1. Multiplication is a mathematical operation.

 

2. The cost of petrol is very high.

 

3.We need to analyze the entire manufacturing process.

1.Yes, because in companies, even if it is an expense, it is important to take it into account for accounting since they must include it in the financial statement.

 

2.Preserving invoices to record them in an accounting software

1. First, we have operating expenses, which includes anything related to the operation of any business.

 

2. The most common financial expenses are loan fees, interest on loans, dividends, capital gains and bonds.

 

3. It has everything to do with the total cost of the production process.

1. They don't know how the company manages costs.

 

2. Every company must have a good management of costs and expenses.

 

3. Every manager should know the operation of the entire company.

1. The necessary function of the expenses is important since this helps in the best way the entrances and exits of merchandise and take into account a good control in their different work areas and thus avoid losses.

 

2. More than a simple practice of accounting records and tax compliance, the control and management of business expenses allows you to assess results, find aspects that can be improved and make decisions to maximize benefits in your business.

1.It allows to improve the financial health of the company by having a precise vision of the expenses. Helps you develop better relationships with suppliers thanks to a more accurate view of the supplies your company needs

 

2.

A good option to control expenses during a project is to establish milestones. At each milestone, you can assess spending and make sure the project stays within scope. Then, if you see cost overruns at any specific milestone, you can decide how to reduce costs in the future.

1- Expenses are important in a company because in them we see reflected the needs of the entity that requires outside of it.

 

2- The control of company expenses goes hand in hand with the reduction of costs, for this you have to be very clear about the expenses that you generate in order to guarantee the survival of your business.

1. Expenses are important in a company since its function is to control the entry and exit of products, as well as the changes that are taking place internally.

 

2. A good option to control expenses during a project is to establish milestones. At each milestone, you can assess spending and make sure the project stays within scope. Then, if you see cost overruns at any specific milestone, you can decide how to reduce costs in the future.

1.The control of monthly expenses allows obtaining relevant information on the profitability and performance of business activities. In addition, it also helps in planning and making decisions about future investments.

 

 

2.*Prepare budgets.

 

*Define key performance and productivity indicators.

 

*Implement expense tracking.

 

* Control inventories.

 

*Use of automated tools.

1. Do you consider that expenses in companies are important? Why or why not?

Expenses are important for the company because they allow obtaining relevant information on the profitability and performance of business activities. In addition, it also helps in planning and making decisions about future investments.

2. What do you think it's a good option to keep the expenses in a company or small business controlled?

para control expenses you can do:

- Awareness of each expense, both fixed and variable.

Identify the

- Know what types of expenses the company has.

- Allocate part of the budget for savings.

- Separate personal expenses with those of the business.

- Set financial goals.

Business expenses are costs incurred in the ordinary course of business. Every business, from the smallest corner store to the largest corporation, tracks these expenses throughout the year for tax purposes. Business expenses are subtracted from revenue to arrive at a company’s taxable net income.

 

Businesses that use traditional budgeting tend to rely on past budgets as a template for their next budget. But as the priorities of a business shift, old and unnecessary expenses can add bloat to a budget when carried forward to the next fiscal interval.

It allows to improve the financial health of the company by having a precise vision of the expenses. It helps you develop better relationships with suppliers thanks to a more precise vision of the supplies that your company needs.

 

A good option to control expenses during a project is to establish milestones. At each milestone, you can assess spending and make sure the project stays within scope. Then, if you see cost overruns at any specific milestone, you can decide how to reduce costs in the future.

Expenses Types