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Something that must be bought.

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12y ago

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What does the term essential expense mean in financial terms?

An essential expense is an expense that is necessary, for example rent or salary. It is something that cannot be gotten rid of or trimmed.


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Something that you pay for all the time. -Gasoline is a regular expense for me.


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What is expense statement?

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What is the definition of fixed expenses?

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Definition of essential?

Something that is necessary.


What is the definition of necessary?

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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 definition for essential?

essential is something that is essential in life e.g your mobile or your laptop and maybe pencils for school that is what essential means