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

Expenditure

QuestionAnswer
What is expenditure? Spending money on goods and services.
Name 3 types of expenditure Fixed Irregular Discretionary
What is fixed expenditure? Spending money on good and services regularly when the amount spent is fixed and does not vary with usage.
What is irregular expenditure? Spending money on good and services where the amount spent depends on the usage.
What is discretionary expenditure? Spending on goods and services we don't need - but we want them.
What is the financial cost of an item? Is the amount of money paid for an item.
What is opportunity cost? Is the item you do without in order to buy another item.
What is a false economy? This is spending money on something which initially appears to save you money- but in the long run ends up costing you more money.
What is impulse buying? This is buying something on the spur of the moment.
What is current expenditure? This is ongoing spending on items that give you benefit for a short period of time, usually less than one year.
What are examples of current expenditure? Groceries, petrol, car tax, lunches.
What is capital expenditure? This is spending money on an item that will give you benefit for a long period of time, usually over a year.
What are examples of capital expenditure? Car, TV, golf clubs, washing machine.
What are consumer durable goods? These are goods that will give benefit to the buyer for a long period, usually more than one year.
Created by: MsFinn
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