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business☄️ > Expenditure > Flashcards

Expenditure Flashcards

1
Q

Types of expenditure

A

Fixed
Irregular
Discretionary

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2
Q

Eg of fixed expenditure

A

Mortgage

House insurance

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3
Q

Eg of irregular expenditure

A

Household expences

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4
Q

Eg of discretionary expenditure

A

Holidays

Birthday presents

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5
Q

Invoice

A

Sent from buyer to seller when goods are bought on credit - description and quantity

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