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But A&O executives, according to prosecutors, siphoned off the funds to cover personal expenses — items like luxury houses, cars and a 15-karat diamond ring.
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This will be item B. Now you are going to subtract all expenses (item B) from your net income (item A) and this will be your monthly SAVINGS (we will call it item C), such that: C = A - B Please take note that your expenses vary for each month so you would need to do the computation monthly.
But some fourth-quarter expense items were certainly suggestive.
We say we will handle the items that are expense items," said Roney.
"Many of our members are on tight budgets, and the sizes of their monthly utility bills are important expense items".
But one of the major expense items deducted is R&D, which by its very nature is future oriented.
A wide range of design choices as well as a significant number of uncertainties related to the operation of the fleet affects those two expense items.
The company said it would look for additional cash savings through the "reduction of a variety of head-count-related and discretionary expense items".
"It has become common for managers to tell their owners to ignore certain expense items that are all too real," Mr. Buffett wrote in his annual report published this year.
Many of the details, including telephone numbers, e-mail addresses and descriptions of expense items, were blacked out on what the authorities said were security and privacy grounds.
Without official policies, they found it difficult to navigate conversations about taking vacation and sick days, balancing work and family expectations, and expensing items.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com