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Fixed cost
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What is an expense that does not change each month?
fixed expenses do not change, variable expenses do.
What are variable monthly expenses?
expenses change
Distinguish between outstanding expenses and unexpired expenses?
Those expenses which have been paid in advance and whose benefit will be available in future are called unexpired or prepaid expenses. e.g. insurance premium The expenses remaining unpaid at the end of the accounting period are called outstanding expenses.Certainly expenses like salaries,rent etc. of the every month will be paid in the next months. By ADITYA (UPES)
What does it mean to amoritize?
To account for over a period of time. For example, if a company amortizes the expenses associated with the acquisition of another company, it means that instead of recognizing all of those expenses in that particular fiscal year that the company will instead recognize a certain portion of those expenses each year for a certain number of years. Another example is relating to loans. If a loan is amortizing, it means that a portion of the principal balance is being paid each period (month, quarter, etc.) until paid in full.
What is meant by fixed overhead costs?
Means all the bills and expenses for the business are the same every month.
What is an expense that does not change each month?
fixed expenses do not change, variable expenses do.
What Expenses that change from month to month?
Flexible Expenses
What is a flux analysis?
It is a change in the Income and Expenses for a Company. Its is usually on a month to month basis.
Which term represents budget items that change in value from month to month?
variable expenses
Can a expense be defined as variable cost and a fixed costs?
Some expenses are the same amount each month and some vary. Mortgage and taxes stay the same each month. Expenses that vary are electricity, gas, and food.
What are the two classifications of family expenditures?
A family's expenses can be budgeted under two main categories, fixed and variable. Fixed expenses are those such as insurance premiums which do not change from month to month, while a variable expense would be one such as an electric bill which can vary widely from month to month.
Do monthly statements change every month?
Monthly statements do not necessarily change each month.
Can annual expense such as liability ins be divided by 12 months and expenses each month?
stupid person!
If you have expenses of 2000 per month how much would you need to make a month to cover those expenses?
2000
When does the stage in club penguin change?
Each month
What of these must be budgeted based on an approximation of the previous month's expenses?
variable expenses
How do you calculate opening stock on the basis of period?
for the first month/year, clo bal=purchase +direct expenses-sale, so on each month clo stock = next month/year op stock.
