Save
Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know
Remaining cards (0)
Know
0:00
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

HouseholdExpenditure

Junior Cert Business Studies

TermDefinition
Budget Surplus This is when the planned income for the month is greater than the planned expenditure for that month.
Budget Deficit This happens when the planned expenditure for the month is greater than the planned income for that month.
Net Cash Difference between total planned income and total planned expenditure each month.
Opening Cash This is the amount of money a family plans to have at the start of a month.
Closing Cash This is the planned net cash plus planned opening cash.
Current Expenditure This is the ongoing spending on items that give benefits for a short period of time. Usually less than one year.
Capital Expenditure This is spending on an item that will give benefit for a long period of time. Usually more than one year.
Expenditure This is spending on the goods and services we use.
Financial Cost This is the amount of money paid for an item.
False Economy Spending money of something which initially appears to save money but, over a long period of time costs more money.
Impulse Buying Unplanned spending.
Opportunity Costs This is the transaction of an item you must do without in order to buy another item.
Fixed Expenditure This is spending on goods and services on a regular basis, e.g. Once a week, once a month or once a year, where the amount spent is fixed and does not change with usage.
Irregular Expenditure This is spending on goods or services where the amount spent and/or the timing of the spending varies with usage.
Discretionary Expenditure This is spending on items you would like to buy but do not need for day to day living.
Consumer Durable Goods These are goods that will give benefit to the buyer for a long period of time, more than one year.
Popular Business sets

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards