EXPENDABLE is something that can be used and discarded without hurting the end product or the companys viability.
OPERATING INCOME is revenue less cost of goods sold and related operating expenses that are applied to the day-to-day operating activities of the company. It excludes financial related items (i.e., interest income, dividend income, and interest expense), extraordinary items, and taxes.
ACCRUED PAYROLL is a liability arising from employees salary expense that has been incurred but not paid.
Enter a term, then click the entry you would like to view.