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Post by account_disabled on Dec 4, 2023 10:54:40 GMT
About different economic conditions for many industries than in previous years. Benchmarking should take into account actual economic conditions and should not be based solely on data from the last financial crisis. As the guidance demonstrates, the impact and course of the COVID-19 pandemic is unprecedented in terms of its impact on economic realities. Unusual Costs and Losses Due to the COVID-19 Pandemic. Many entities have suffered losses as a result of the COVID-19 pandemic (and the measures taken by governments to limit the spread of the virus). These include industries directly affected by restrictions Job Function Email List and those indirectly affected by the crisis (for example, due to lower demand for manufactured goods). Additionally, many entities must incur special costs in addition to fixed costs. Their level and type depend on the industry in which the company (or group) operates. These costs are mainly related to the need to adapt the business to the hygiene regime. These include: Costs for: Purchase of personal protective equipment, IT infrastructure (including licenses for programs to support remote working) Reorganization of workspaces to comply with social distancing rules.
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