Last updated on 3/30/22
- Identify a company's explicit expenses
- Understand the concept of fixed costs
- Understand the standards for financial statements
In the following list, identify the items that correspond to a type of expense explicitely taken into account in the expense matrix. Which ones are they ?Careful, there are several correct answers.
Recurrent expenses (subscription)
Non recurrent expenses
What is the meaning of fixed costs in financial projections ?
We consider that fixed costs don’t exist, but every cost should be treated as variable.
You have to assess them as accurately as possible
You mustn’t take them into account at the beginning
You have to group them in one single line
Among the following financial statements, which one is not mandatory?
Cash Flow projections