_______ includes business expenses that continue consistently; these are costs that are incurred regardless of whether the dentist is in the office and whether professional services are actually being provided.

Question

Quizplus · Accepted Answer

Fixed overhead includes business expenses that continue at all times; these are costs that are incurred regardless of whether the dentist is in the office and whether professional services are actually being provided.
Variable overhead expenses are those that change depending upon the type of services procured or obtained,such as independent contractor fees,laboratory fees,equipment repair fees,and the cost of dental and stationery supplies.
Gross income is the total return the dentist receives for professional services rendered.
Net income is the gross income minus the payment of all practice-related expenses.

_______ Includes Business Expenses That Continue Consistently; These Are Costs