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The hidden expense here is the cost of maintaining an eight-person staff all year round.
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Look for hidden expenses not included in the expense ratio.
Its cost effectiveness is also exaggerated, as its real cost does not account for hidden expenses.
Hidden expenses associated with how local governments finance themselves are compounding financial problems down at city hall.
Managed perfectly, some of these deals can be an acceptable way to spread the cost, but be warned: these credit agreements can have huge, hidden expenses.
Many companies now say they will deduct option costs from earnings as investors focus on hidden expenses after the collapse of the Enron Corporation.
"You make a compromise with every home you buy," Mr. Sheehan says, but buyers of older homes cite problems like "hidden expenses" that include frequent repairs and how "you love your home, but you're always working on it".
The average equity fund manager makes explicit that they are charging about 1.5% a year of the sum invested for their services, but additional hidden expenses average 0.3% a year and trading costs cut a further 1.4% off an investment.
Hidden expenses, such as sound, hairstylists and a public relations team to attract editors and buyers can add up.
Off-balance-sheet partnerships and hidden expenses aren't the only parts of corporate earnings statements that smell.
The agency alleged that Flir's chief and two lieutenants had inflated revenues, double-booked accounts receivable and hidden expenses in 1998 and 1999.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com