Nev. Admin. Code § 361.404 — 361.404

NAC 361.404    “Variable expenses” defined. ( NRS
360.090 , 361.320 )    “Variable expenses” means
those expenses of a business enterprise which vary with changes in the volume
of output such as outlays for fuel to generate electric power.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]