Direct Expenses are those expenses which are incurred in relation to manufacture of products directly Eg: Machinery repairs, Labour, Factory etc.
Indirect Expenses are those expenses which are incurred after manufacturing of goods. Eg: Administrative Exp, Advertisement, Selling & Distribution etc.
Explain Other Income?
Why we need Profit and Loss Accounts?
Explain the components of Profit and Loss Account?
Suppose you been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?
What are supervisor duties regarding Sales?
How to handle Inventory?
Tell me what are the functions and characteristics of stores supervisors?
What are Closing Steps?
What are Financial Statements?
What is Balancing the Books?
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