
Database System Concepts
7th Edition
ISBN: 9780078022159
Author: Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher: McGraw-Hill Education
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Transcribed Image Text:Distinguish between one-time, recurring, and tangible and intangible expenses and
benefits.
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Step 1
Introduction:
In accounting and finance, it is important to distinguish between different types of expenses and benefits. One way to categorize them is based on their frequency and nature. Specifically, we can differentiate between one-time and recurring expenses and benefits, as well as tangible and intangible expenses and benefits.
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