Sometimes, determining whether a condition became worse because of the natural course of the illness, or because of a side effect of the medication the patient is taking can be difficult. (For example, both the infection causing a sore throat and a reaction to medication can cause nausea.)
DEFINITION of 'Overhead'. An accounting term that refers to all ongoing business expenses not including or related to direct labor, direct materials or third-party expenses that are billed directly to customers.
The following expenditures should be expensed as incurred and may not use debt as a funding source: 1  Furniture is not a finished or material item and may not be treated as attic stock. 2  Mattresses, desk chairs, and standard dressers that are commonly used throughout housing facilities are not eligible for attic stock.n general, for capital projects over $50,000, expenditures which improve or add to the value of the asset, or extend the useful life of the asset are capitalizable as part of the project's cost. All other costs must be expensed.