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what is irregular expenditure

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What is the link between irregular fruitless and wasteful and unauthorised expenditure?

Fruitless and wasteful expenditure; means expenditure which was made in vain and would have been avoided had reasonable care been exercised. Irregular expenditure; means expenditure , other unauthorised expenditure, incurred in contravention of or that is not in accordance with a requirement of any applicable legislation.


What is iiregular expenditure?

Irregular expenditure refers to spending that occurs outside the normal budgetary or financial planning framework. This type of expenditure is often unpredictable and can arise from unforeseen circumstances, emergencies, or one-time expenditures that do not recur. Examples include natural disaster relief costs, unexpected repairs, or unplanned capital investments. Such expenditures can impact financial stability if not managed properly.


Is credit income or expenditure?

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


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

expenditure


What is miscellaneous expenditure?

Miscellaneous expenditure refers to costs that do not easily fit into standard expense categories, often including small, irregular, or unexpected expenses. These can range from minor office supplies to unique project costs that arise infrequently. Businesses typically track this expenditure separately to maintain clearer financial records and manage budgets effectively. It helps in understanding the overall financial health by accounting for diverse and varied spending.


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'


Where to hyphenate expenditure?

Expenditure is not hyphenated.


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.


What are two Malaysia government expenditure?

1) operating expenditure 2) development expenditure


How do you do an expenditure sheet?

It becomes an expenditure when you use it


What is the meaning of projected expenditure?

projected expenditure


What is a negative capital expenditure?

negative expenditure