0
Discretionary funds are government spending by passing an appropriations bill to pay for a program such as military spending or education. The money is raised and can only be spent on the program in the bill.
What else can I help you with?
What is a discretionary fund?
A discretionary fund is a pool of money that is allocated for specific purposes but allows the decision-maker discretion on how to use it. This type of fund is often used in organizations, governments, or investments, where the authority can decide how to allocate the funds based on changing needs or priorities. Discretionary funds provide flexibility to respond to unforeseen expenses or opportunities without the need for extensive approval processes.
What percentage of your take home pay should be discretionary income?
50%
Can you use FSA funds to pay for past medical bills?
No, you cannot use FSA funds to pay for past medical bills. FSA funds can only be used for eligible medical expenses incurred during the plan year in which the funds were contributed.
What would a bank draft be used for?
A bank draft is a check drawn on a bank's funds. It is used to pay for something as guaranteed funds. Common uses included paying for property and vehicles.
Do I have to pay taxes on the funds in my checking account?
Yes, you may have to pay taxes on the interest earned from the funds in your checking account, but not on the actual funds themselves.
What can discretionary funds be used to pay for?
Discretionary funds are government spending by passing an appropriations bill to pay for a program such as military spending or education. The money is raised and can only be spent on the program in the bill.
What is an example of a fixed expense thats paid for with discretionary funds?
Budget items that remain the same month to moth is an example of a fixed expense that is paid for with discretionary funds. Discretionary fund is the money that is subject to one's own control.
What is a fixed expense that's paid for with discretionary funds?
The cable TV bill
What is the concept of ecotourism?
The tourist is spending discretionary funds, give them what they want, and they will open their purse strings.
What tax can be reclaimed from a discretionary trust pay out?
Sport tax~
What percentage of your take home pay should be discretionary income?
50%
What populations are not targeted for extra federal funds by Youth Services Discretionary Grants?
youth from high-income families
Can you use FSA funds to pay for past medical bills?
No, you cannot use FSA funds to pay for past medical bills. FSA funds can only be used for eligible medical expenses incurred during the plan year in which the funds were contributed.
Discretionary bonus tax?
The discretionary bonus tax refers to the tax that is excludable from a given employee's regular rate of pay. The non-discretionary bonus on the other hand refers to that which must be included in the regular rate.
Unexpended funds that have expired may be used to pay for new obligations?
false
What would a bank draft be used for?
A bank draft is a check drawn on a bank's funds. It is used to pay for something as guaranteed funds. Common uses included paying for property and vehicles.
Do I have to pay taxes on the funds in my checking account?
Yes, you may have to pay taxes on the interest earned from the funds in your checking account, but not on the actual funds themselves.
