Concept in Definition ABC
Miscellanea / / July 04, 2021
By Cecilia Bembibre, in May. 2010
Egress is known as everything that exits or leaves a certain place or space. The term refers specifically to the money that is used in a business or monetary action to pay certain expenses and that therefore cannot be counted as profit. However, graduation is also the completion of a career or project since it is there when it is considered that a person leaves or leaves a institution educational.
Graduating is precisely one of the most important moments in the life of a student because it is the completion of all the effort.
If the term exit refers to the moment a person graduates, it is also linked to departure or exit as an action
Here, it is a person who graduates from an institution having fulfilled all the requirements to finish a degree and thus receive the corresponding title. Egress also means the closing of a stage and is generally a very important moment in the life of any person. At the same time, discharge can also be considered when an individual leaves a job for another or completes a specific job at an institution.
Expenditures in the economic sector
When we speak of expenditure in the economic or accounting sense, we refer to all that money or capital that is extracted from the profit (or initial investment) to pay for services and different costs. Capital expenditures always decrease the total profit but are at the same time those that allow the business to be maintained from the hiring of those services and purchase of products or raw materials essential for the functioning of the same. In many places, the expense is also understood as an expense. When expenses are higher than income in a balance of trade, it means that the result of the accounts will always be negative or deficit.
For example, "the outflows of cattle that were in the cattle market, certainly, demonstrate the good moment that the industry is living".
Both expenses and expenses are included. investments carried out by the company or organization.
The expense, on the other hand, will be that accounting item that decreases the profit and increases the losses of the company, because it implies an outflow of money in effect, that is, a movement which can be cash or bank; the payment of some service, for example electricity, or the payment of rent for some special machinery to increase the production of the company, turn out to be the most common expenses that a company can suffer.
On the other hand, costs and investments will also involve money outflow, but they do not have the same effect. of the above, since in the case of these, in the future, they usually represent concrete economic benefits for the company.
For example, the owner of a furniture store today invests x amount of money in the purchase of a chair, tomorrow, that same chair, in your hands, will have a higher cost that will bring a benefit to the aforementioned businessman. So, for a company to be profitable, this type of income that we mentioned must exceed expenses.
The control of all these movements can be carried out through a procedure known as cash flow, which allows you to control both the movements of cash and its equivalents, how much money leaves and how much enters the company in question. Of course, being clear about these numbers will help planning and also to develop future forecasts for when it is necessary to face operational obligations.
Topics in Egress