Business Management /Understanding Types of Expenses

Understanding Types of Expenses

Business Management4 CardsCreated 3 months ago

This deck covers the four main types of expenses: variable, fixed, intermittent, and discretionary. Each card provides a definition to help distinguish between these categories.

Variable Expenses

Expenses that vary from month to month
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Key Terms

Term
Definition
Variable Expenses
Expenses that vary from month to month
Fixed Expenses
Expenses that remain the same from month to month
Intermittent Expenses
Expenses that occur at various times throughout this year and tend to be in large sums
Discretionary Expenses
Expenses for things we don't need

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TermDefinition
Variable Expenses
Expenses that vary from month to month
Fixed Expenses
Expenses that remain the same from month to month
Intermittent Expenses
Expenses that occur at various times throughout this year and tend to be in large sums
Discretionary Expenses
Expenses for things we don't need