An organization must plan and authorize the money that it spends, also known as its expenditures. If the employees of an organization simply buy whatever they want to buy, without planning or authorization, then that organization will almost certainly run out of money and go bankrupt. Given unlimited opportunity to spend, most people are likely to spend too much. And even a very wealthy organization has only so much money to spend. So organizations make plans about how much they want to spend, and then to ensure that their employees will not violate those plans, they have only certain responsible people who are in charge of spending, who must give their agreement, in other words their authorization, before people can spend money.
If there is more money spent than was planned, that is called overspending. And if money is spent without the authorization that an organization has asked for, then that is unauthorized expenditure. These things are certainly known to happen, and they endanger the finances of any organization in which they happen.
what is irregular expenditure
Can an expenditure component be negative
expenditure money paid out; an amount spent expenditure the act of spending money for goods or services expenditure the act of consuming something
income over expenditure is profitexpenditure over income is loss
Import expenditure refers to the money spent on imported goods. It is an expenditure because it refers to capital outflow. Export expenditure is the money spent on semi-finished goods, used for export.
Fruitless and wasteful expenditure; means expenditure which was made in vain and would have been avoided had reasonable care been exercised. Irregular expenditure; means expenditure , other unauthorised expenditure, incurred in contravention of or that is not in accordance with a requirement of any applicable legislation.
Unauthorised modification is changing the contents of a file without the granted permission
the answer is overspending!
Unauthorized access was prohibited. So we came back.
Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure
expenditure
quarterly
piracy
Expenditure for which benefit is expected to be taken in one fiscal year from occurance of expenditure is called 'Revenue Expenditure" Expenditure for which benefit is expected to be taken for morethan once year is called 'Capital Expenditure'
Expenditure is not hyphenated.
what is irregular expenditure
Recurrent or Revenue Expenditure are those expenditure the benefits of which are utilized by company in one single year and capital expenditure are those expenditure the benefits of which are utilized for morethan one fiscal year. Revenue expenditure Example: Inventory etc Capital Expenditure : plant, machinery, building etc.