Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter706 Motor Carriers |
UNIFORM SYSTEM OF ACCOUNTS FOR LIMOUSINE COMPANIES |
Accounts |
NAC706.401991. Accounts for general and administrative expense: Transferred internal costs.
Latest version.
- The account for transferred internal costs must include internal costs transferred from the other functional divisions to general and administrative expenses. Costs transferred to the account must be either actual or on a percentage basis if the percentage is arrived at through periodic special studies. The use of arbitrary percentages or amounts transferred to the account is prohibited.
(Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002)