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The accounting standard-setter for the U.S. Government defines deferred maintenance to also include deferred repairs thus: “Deferred maintenance and repairs” are maintenance and repair activities that were not performed when they should have been or were scheduled to be and which, therefore, are put off or delayed for a future period ...
An expense account is the right to reimbursement of money spent by employees for work-related purposes. [1] Some common expense accounts are Cost of sales, utilities expense, discount allowed, cleaning expense, depreciation expense, delivery expense, income tax expense, insurance expense, interest expense, advertising expense, promotion expense, repairs expense, maintenance expense, rent ...
In a real estate context, operating expenses include costs associated with the operation and maintenance of an income-producing property. Operating expenses include: salary and wages; accounting expenses; license fees; maintenance and repairs, such as snow removal, trash removal, janitorial service, pest control, and lawn care; advertising ...
Cost accounting is defined by the Institute of Management Accountants as "a systematic set of procedures for ... Maintenance and repair including office equipment and ...
Spare parts maintained at this level of repair are known as bench stock. Intermediate-level maintenance deployment can vary widely, and is highly dependent on desired operating conditions. In minimal maintenance concepts, there may be minimal or no I-level maintenance, a system known as two-level maintenance (O-level
The average cost of college in the United States is more than $20,000 a year. That's at a public university; private universities can cost upward of $40,000 a year on average. That's a lot of money...
A common example of this is the common area maintenance charges, or CAM, which includes cleaning and day-to-day expenses like changing lights. In US leases, it is common to group together CAM, property tax and insurance , in which case it is known as a "net-net-net" lease, or NNN lease , pronounced "triple-net".
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