Business Management /Understanding Types of Expenses
Understanding Types of Expenses
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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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 |