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What are 2 non-discretionary expenses?
transportation costs entertainment
What is a discretionary income?
the amount of money available in a budget after all identified expenses has been paid
What is the money left over after paying your necessary expenses called?
Discretionary Income Discretionary income = Gross income - taxes - all compelled payments (bills) Reference: http://en.wikipedia.org/wiki/Disposable_and_discretionary_income
What is the difference between discretionary and controllable cost?
Discretionary cost is that amount which is at somebody's discretion like manager etc. Controllable cost is that amount which is in the hands of management to be controlled or not like advertisement expenses etc.
What are some examples of Variable Expenses?
utilities
What are 2 non-discretionary expenses?
transportation costs entertainment
What are discretionary appropriations?
discretionary expenses means in short word expenses on self wants or needs in company or home.
How is discretionary income calculated?
Discretionary income is calculated by taking your gross income minus your expenses and what you are left with is discretionary income. Most Americans do not have a large amount of discretionary income.
What are non discretionary expenses?
transportation costs entertainment
What is management Discretionary expenses techniques artificial or real?
both
When budgeting for your immediate needs you should divide them into immediate and discretionary expenses.?
When budgeting for your immediate needs, you should divide them intoA.immediate and discretionary expenses.B.fixed and immediate expenses.C.discretionary and fixed expenses.D.fixed and intermittent expenses.
What is the term for Money left to spend after necessary expenses are paid?
Discretionary Income
Example of discretionary spending?
There are a great many examples in the world of discretionary spending. Discretionary spending can be as simple as choosing whether you want to spend your money on ice cream.
What is a discretionary income?
the amount of money available in a budget after all identified expenses has been paid
The main purpose of short-term planning?
To meet fixed expenses and allow for discretionary spending
What is the main purpose of short-term planning?
To meet fixed expenses and allow for discretionary spending.
What is the money left over after paying your necessary expenses called?
Discretionary Income Discretionary income = Gross income - taxes - all compelled payments (bills) Reference: http://en.wikipedia.org/wiki/Disposable_and_discretionary_income
