The main function of the Majority and Minority Whips is to gather votes on major issues. Because they are the second ranking member of the Senate, if there is no floor leader present, the whip may become acting floor leader. Before 1969, the official titles were Majority Whip and Minority Whip. 1 Current floor leaders.
What is Business Income and Extra Expense Coverage? Also referred to as business interruption insurance, business income and extra expense coverage provides your business with financial protection when an insured loss prevents you from commencing business as usual.
In business, an operating expense is a day-to-day expense such as sales and administration, or research & development, as opposed to production, costs, and pricing. In short, this is the money the business spends in order to turn inventory into throughput. On an income statement, operating expenses is the sum of a business's operating expenses for a period of time, such as a month or year.