What is Financial Expense (FinEx)
Financial Expense (FinEx) is one (1) of the four (4) expenses classification in Philippine budgeting system. It refers to management supervision/trusteeship fees, interest expenses, guarantee fees, bank charges, commitment fees and other financial charges incurred in owning or borrowing an asset property. Source: Glossary of Terms, Department of Budget and Management Post Views: 1,423
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