Inclusions in Intermediate Consumption
Included in intermediate consumption in the UNSNA system are:
- Operating expenses such as the rentals paid on the use of fixed assets leased, and also fees, commissions, royalties, etc., payable under licensing arrangements.
- The value of goods or services used as inputs into ancillary activities such as purchasing, sales, marketing, accounting, data processing, transportation, storage, maintenance, security, etc.
- The ordinary, regular maintenance and repair of fixed assets used in production.
- Expenditures on durable producer goods which are small, inexpensive and used to perform relatively simple ongoing operations.
- Expenditures on research and development, staff training, market research and similar activities.
- all goods except dwellings acquired by governmental establishments engaged in the production of defence services, including expenditures by the military on weapons of destruction and the equipment needed to deliver them.
- Rentals paid on buildings or equipment under an operating lease.
Read more about this topic: Intermediate Consumption
Famous quotes containing the words intermediate and/or consumption:
“Complete courage and absolute cowardice are extremes that very few men fall into. The vast middle space contains all the intermediate kinds and degrees of courage; and these differ as much from one another as men’s faces or their humors do.”
—François, Duc De La Rochefoucauld (1613–1680)
“So it is with books, for the most part: they work no redemption on us. The bookseller might certainly know that his customers are in no respect better for the purchase and consumption of his wares. The volume is dear at a dollar, and after to reading to weariness the lettered backs, we leave the shop with a sigh, and learn, as I did without surprise of a surly bank director, that in bank parlors they estimate all stocks of this kind as rubbish.”
—Ralph Waldo Emerson (1803–1882)