Know-your-customer and Opex: Difference between pages

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imported>Doug Williamson
(Hyphen removed from anti-money laundering. Discussion with John Grout.)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer, September 2016, p21.)
 
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(KYC). The underlying basis of all anti money laundering regulations, requiring financial and other intermediaries engaged in financial transactions to rigorously check their customers’ identities.
'''Op'''erating '''Ex'''penditure.
 
Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.
 
Opex is contrasted with capital expenditure ('capex').
 


== See also ==
== See also ==
* [[Money laundering]]
* [[Capitalise]]
* [[Capital expenditure]]
* [[Expenditure]]
* [[Revenue expenditure]]

Revision as of 15:11, 6 September 2016

Operating Expenditure.

Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.

Opex is contrasted with capital expenditure ('capex').


See also