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Which term represents budget items that change in value from month to month?

variable expenses


What term represents budget items that change from month to month?

The term that represents budget items that change from month to month is "variable expenses." These expenses can fluctuate based on usage, consumption, or other factors, such as utilities, groceries, and entertainment. Unlike fixed expenses, which remain constant, variable expenses require careful monitoring to maintain an effective budget.


What is the difference between a budget and account?

A budget is how much money you have to spend on certain items. For example a family person can say I am not going to spend over $40 on groceries this month. If the head of household went over $40, then he/she went over their budget. An account is how much money you have in a bank to pay bills.


It is ethical or practical to submit a budget for an amount higher than the costs expected to be incurred?

It happens all the time. Every department has items that would be nice to have and in fact would help the department run better. Those dreams are submitted in the budget. The budget also lists the items which are necessary to continue at last years level. Every hospital needs more equipment. Every sheriffs' department needs more cops. Every library needs more books.


What are the advantages of a line-item budget?

A line-item budget offers clear visibility and accountability by itemizing expenses, making it easier to track spending and identify variances. It simplifies the budgeting process, allowing for straightforward comparisons across departments or time periods. Additionally, this type of budget can enhance control over resources by ensuring that funds are allocated specifically for predetermined items, reducing the risk of overspending. Overall, its structured format aids in financial planning and transparency.

Related Questions

Which term represents budget items that change in value from month to month?

variable expenses


What term represents budget items that change from month to month?

The term that represents budget items that change from month to month is "variable expenses." These expenses can fluctuate based on usage, consumption, or other factors, such as utilities, groceries, and entertainment. Unlike fixed expenses, which remain constant, variable expenses require careful monitoring to maintain an effective budget.


Which sections of the budget are spent on mandatory items?

all the above


List the areas or items that should typically be included in a household budget?

what are the area that would typically be included in a household budget


Can you get infinite items in forge world in halo reach?

no u have a budget


The picture that graphically represents the items you use in windows?

icon


How much money does an average business spend on promotional items?

That depends on their budget but their are promotional items nowadays that you can get under $1.


My expenditure budget is 26140 for the year i spend 1930 on promotional items for the year what is the percent of expenditures for promotions?

To calculate the percentage of expenditures spent on promotional items, you would divide the amount spent on promotional items by the total expenditure budget and then multiply by 100. In this case, the calculation would be (1930 / 26140) * 100 = 7.38%. Therefore, 7.38% of the total expenditure budget was spent on promotional items for the year.


Which of these is the best description of fixed expenses?

the budget items that do not vary from month to month.


What is another name for Budget items mandated by law or by a previous obligation?

expenditures


Three largest expenditure items in Texas state budget?

Education, medicaid, highways


Can you change member items to non-member items in AQworlds?

No.