Expenditure Flashcards
1
Q
Types of expenditure
A
Fixed
Irregular
Discretionary
2
Q
Eg of fixed expenditure
A
Mortgage
House insurance
3
Q
Eg of irregular expenditure
A
Household expences
4
Q
Eg of discretionary expenditure
A
Holidays
Birthday presents
5
Q
Invoice
A
Sent from buyer to seller when goods are bought on credit - description and quantity