Implicit phonics, also referred to as analytical phonics, moves from the whole to the smallest part. Phonemes associated with particular graphemes are not pronounced in isolation. Students analyze words and look for the common phoneme in a set of words.
Financial Expenses (FP2553) Value of expenditures incurred by the organization during the reporting period due to interest, fees, and commissions incurred on the organization's liabilities, including any client deposit accounts held by the organization, borrowings, subordinated debt, and other financial liabilities during the reporting period. [ID: FP2553]
DEFINITION of 'Expense'. 1. The economic costs that a business incurs through its operations to earn revenue. In order to maximize profits, businesses must attempt to reduce expenses without also cutting into revenues. Because expenses are such an important indicator of a business's operations, there are specific accounting rules on expense recognition. 2. Money spent or costs incurred that are tax-deductible and reduce taxable income.