Three Flashcards
(3 cards)
0
Q
Capex
A
Business expense incurred to create future benefit
1
Q
5 BOI Requirements
A
- DTI Registration
- SEC Registration
- Audited Financial Statement & ITR
- Board Resolution to authorized company rep.
- Accomplished Application Form 501 & Project Report
2
Q
Opex
A
Is the money the business spends in oder to turn inventory into output
