ocr: Period Expenses These costs include all the costs that are incurred in the administative or office sections of a company. This includes the costs of departments such as accounting, personnel, payroll, etc. Unlike the previous two areas of expenditure we cannot regard money spent here as being an nvestment. There IS no obvious link between the pusiness paying its oftice telephone bill or the accountants salary with the business receiving sume tuture benetit trom such expenditure. Itis for this eason that we can regard expenditure incurred on these period expenses as being money_spent.
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