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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.
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What is the difference between committed and discretionary cost?
A committed cost is going to occur whether or not you have any output like rent.A discretionary cost is a variable cost like that of raw material.
What can discretionary funds be used to pay?
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 percentage of your take home pay should be discretionary income?
50%
Is a money market fund the same as a mutual fund?
A money market fund is a mutual fund, but behaves a little different than most fund.
What is a fund of hedge fund?
It is a fund that invests in a portfolio of hedge funds.
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 discretionary funding?
"Discretion" in this usage is a synonym for 'choice.' It means that whatever it that needs the loney, 'they' can choose to fund it, and if so, how much they will spend on it. OR - they may choose NOT to fund it. It is totally at "their" discretion (i.e.: choice).
Does a trustee of a discretionary trust have to reveal the amount of the trust fund to a discretionary beneficiary?
A beneficiary of a trust has the right to an accounting as a way to make certain the trust assets are not being wasted or mishandled by the trustee. A trustee does not have the right to operate in secret. A court can order an accounting.
How is discretionary income calculated?
Discretionary income is calculated by taking your gross income minus your expenses and what you are left with is discretionary income. Most Americans do not have a large amount of discretionary income.
What are discretionary powers of branch managers?
business discretionary powers
What is a discretionary user?
Discretionary user lay between expert and novice users
Discretionary project vs non-discretionary project?
Projects where management has a choice in implementing them are called discretionary projects. Projects where no choice exists are called nondiscretionary projects.
Example of discretionary spending?
There are a great many examples in the world of discretionary spending. Discretionary spending can be as simple as choosing whether you want to spend your money on ice cream.
What portion of discretionary spending is typically spent on?
The portion of discretionary spending typically spent on defense varies. If a country is at war, the discretionary spending percentage will be higher for defense.
What dose discretionary mean?
At your Discretion. It's your choice. Example: on a restaurant bill 'Tips discretionary'
How do you use the word discretionary in a sentence?
Option - as the right to enter or not to enter into a contract - is a discretionary act.
How do households spend most of their discretionary income?
Households spend most of their discretionary income on consumption.
