CONTROLLABLE EXPENSE Definition

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CONTROLLABLE EXPENSE expenses that can be controlled or restrained by management. Some of the costs of doing business can be postponed or spread out over a longer period of time (e.g., personnel costs, travel & entertainment, marketing expense).

Learn new Accounting Terms

INCOME TAX is a tax paid on money made or profit realized from employment, business, or capital.

FEE SIMPLE DETERMINABLE is a fee simple which automatically comes to an end when a stated event occurs or, perhaps, fails to occur.

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