What is direct expenses

Answer Posted / shanthi gnanadurai

DIRECT EXPENSES ARE THOSE EXPENSES WHICH ARE RELATED TO THE
MAIN BUSINESS ACTIVITY OF THE BUSINESS AND IT DIFFERS WITH
THE NATURE OF THE BUSINESS FOR EX. IN PRODUCTION ORIENTED
BUSINESS RAW MATERIALS,WAGES,FREIGHT ETC. IN MANAGEMENT
ORIENTED BUSINESS ALL ADMINISTATIVE EXP. ARE DIRECT
EXPENSES.

INDIRECT EXPENSES ARE THOSE EXPENSES WHICH ARE INCURRED FOR
UNPRODUCTIVE REASON BUT HELPS SMOOTH FLOW OF BUSINESS FOR
EX.DEPRECIATION OF MACHINES,SINKING FUND,INSURANCE ETC.

Is This Answer Correct ?    10 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what tax will be on puchasing of sweets and is necessery to use form 38.

1909


Breif notes about accounting standards

2602


i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1443


where does the closing stock appears in the trial balance?

1510


Mention some of the major contributions made by you in your present and previous jobs

5624






What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.

1682


I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy

1684


is indian bank or canara bank CBS brach?

1620


what is circuit filter?

1495


how many schedules are there in accounting?

1749


what is Exposure ?

1516


what is the organisation chart for accounting and finance ?

1929


Entrance Exam question & Answer required

1510


What z d diff of accounting principle,accounting standard,accounting rules,accounting procedures,accounting concepts??????

1889


What is the basic difference between pledge, hypothication and mortgage????

1841