Assertion: expense | /r/HasProperty | reduced
Facets:
value: in value of an asset
type: OTHER
Source sentences:
text: Thus, it is often desirable to track discretionary expenses separately from essential expenses so that it is easy to see where and to what degree expenses can be reduced.
text: Under the accrual basis of accounting, an expense is recorded as noted above, when there is a reduction in the value of an asset, irrespective of any related cash outflow.
text: An expense is the reduction in value of an asset as it is used to generate revenue.