answersLogoWhite

0

To some people it is buying a Rolls-Royce car,

to others it is buying enough food to last the week, instead of a day.

To me, luxury expenditure is buying something I want, but don't need,

like cream cakes!

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Is credit income or expenditure?

Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure


Ask us of these is an example of luxury spending?

An example of luxury spending is purchasing a designer handbag from a high-end brand, such as Chanel or Louis Vuitton. This type of expenditure goes beyond basic needs and often reflects a desire for status, exclusivity, and quality craftsmanship. Other examples include luxury vacations, fine dining experiences, and high-end automobiles.


What is the definition of Recurring Expenditure and Non Recurring Expenditure?

expenditure


What do you mean by revenue expenditure?

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'


What is consumer expenditure?

Consumer expenditure refers to the total amount of money spent by households on goods and services over a specific period. It includes spending on essentials like food and housing, as well as non-essential items such as entertainment and luxury goods. This expenditure is a key component of economic indicators, reflecting consumer confidence and influencing overall economic growth. It is often analyzed to understand spending patterns and trends within an economy.


What are the item's of capital expenditure and recurrent 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.


Where to hyphenate expenditure?

Expenditure is not hyphenated.


What is irregular expenditure?

what is irregular expenditure


What are two Malaysia government expenditure?

1) operating expenditure 2) development expenditure


What is the format for capital expenditure?

The format for capital expenditure budget is to list all the expenditure with their estimates. The cost of capital assets and expenditure must be provided.


Is leasing a capital expenditure?

If it is finance lease then it is capital expenditure otherwise it s revenue expenditure


How do you do an expenditure sheet?

It becomes an expenditure when you use it