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How do flexible expenses differ from fixed expense?
Flexible expenses vary over time.
What is a flexible budget?
Definition A set of revenue and expense projections at various production or sales volumes. The cost allowances for each expense are able to vary as sales or production vary.
What is the difference between fixed expenses and flexible expenses?
A fixed expense is an expense that will cost you the same month by month. Such as rent, mortgage, car payment, student loans, ect. Flexible expense, refers to expenses that vary month by month, like your gas, phone, and electric bill. Flexible expenses may also include money budgeted for clothes,food, entertainment, and savings. Things that may not cost you the same month to month. It's important to know the difference so you can budget accordingly. Source: http://answers.yahoo.com/question/index?qid=20071101143515AABFl80
Is an office expense an indirect expense?
yes it is an indirect expense
Is toner an office expense or an operating expense?
Office expense
What is a example of a flexible expense?
New clothing
What is an example of a flexible expense?
New clothing
How do flexible expenses differ from fixed expense?
Flexible expenses vary over time.
What is a flexible budget?
Definition A set of revenue and expense projections at various production or sales volumes. The cost allowances for each expense are able to vary as sales or production vary.
What is the difference between fixed expenses and flexible expenses?
A fixed expense is an expense that will cost you the same month by month. Such as rent, mortgage, car payment, student loans, ect. Flexible expense, refers to expenses that vary month by month, like your gas, phone, and electric bill. Flexible expenses may also include money budgeted for clothes,food, entertainment, and savings. Things that may not cost you the same month to month. It's important to know the difference so you can budget accordingly. Source: http://answers.yahoo.com/question/index?qid=20071101143515AABFl80
Can a couple have two separate flexible spending accounts from two different employers?
Yes. Just like insurance tough you just can't get paid 2x for the same expense. (Once it is paid the first time, you have no expense really for the 2nd). Yes, you can have two separate flexible spending accounts from two different employers. However, the total amount that is put into both plans combined is limited by the IRS. For example, the maximum that a couple can put into a dependant care flexible spending account in 2007 is $5,000. If you and your spouse contribute more than that, you would lose the amount over $5,000. It would not be legal to submit the same expense to two different flexible spending account plans.
What does flexible expense mean?
Payments like house mortages or car payments are fixed expenses, they can't change. Flexible expenses, like food, entertainment, gas money and clothes are flexibe, and can be changed whenever you are low on money or need something specifically.
Depreciation expense of building is a administrative expense or a selling expense?
selling expense
Is an office expense an indirect expense?
yes it is an indirect expense
Is toner an office expense or an operating expense?
Office expense
What is a non monetary expense?
Monetary expense is basically a cash-money expense, so a non-monetary expense is an expense that isn't money. Some examples would be physical or personal expense.
Is credit card fee expense a selling or administrative expense?
selling expense.
