What does OPEX into mean in Yoruba?
In Yoruba, the phrase “ọpọ̀rọ ki” ( opex is used whenever you spend money on something, whether it is on a daily, monthly, or yearly basis. It implies that you are paying for the operation and maintenance of the machine you are using at the moment. For example, when you travel to the airport, you pay for the operation and maintenance of the airplane you are using. It is the same with
What is OPEX into mean in Yoruba?
opex into is a term that’s borrowed from accounting. In accounting, it’s used to describe the money you pay out for the use of things. It’s different from capital expenditure (CAPEX), which is the money you spend to buy something. For example, if you hire someone in the form of a contract employee, you would pay OPEX into that employee. However, you would not pay CAPEX into the employee.
What does OPEX into mean in Nigeria?
In the Nigerian context, the term OPEX is used to describe capital expenditures on your business. These are expenses that are made to improve the operational or physical aspects of your business, like machinery, equipment, software, and labor. For example, if you need to purchase a new generator to power your lights in your office and home, that will be an OPEX as opposed to an expenditure on goods and services.
What does the word OPEX mean in Yoruba?
The term OPEX refers to operational expenditures. This type of investment is all about what happens in the business every day. These costs may include, but are not limited to, labor, business equipment, supplies, office space, and electricity. According to Amerispeak, the term “operational expenses” refers to the costs of running a business. These expenses are different from fixed costs, which are the costs that remain the same regardless of whether you do or do not use the service.
What does OPEX mean in English?
In English, “operating expenses” is a catchall phrase for everything that is not a capital expense, which is any expense that has a lifespan beyond one year. In other words, an operating expense is an expense that must be paid each month regardless of whether the company is making a profit or loss. The expenses can be categorized as labor expenses, non-labor expenses, or fixed expenses.