COST ACCOUNTING
This query is : Resolved
26 January 2011
WHAT IS MEANT BY OUT OF POCKET COST
26 January 2011
out-of-pocket cost
actual cash outlays made during the period for payroll, advertising, and other operating expenses. Depreciation is not an out-of-pocket cost, since it involves no current cash expenditure.
actual cash outlays made during the period for payroll, advertising, and other operating expenses. Depreciation is not an out-of-pocket cost, since it involves no current cash expenditure.
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