Operational Expenditure
Operational Expenditure -> Operating Expenditure
Operating expenditure (OPEX) is recurrent expenditure related to normal business operations. Operating expenditure includes administrative and selling expenses but excludes interest, taxes, and cost of goods sold.
Examples of expenditure typically classified as operating expenditure, include;
- power
- fuel
- staff
- plant & equipment
- on-costs
- overheads
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External Links & References
- The Free Dictionary
- Google Search (Operating Expenditure)
- Wikipedia - Operating Expense