Fixed variable discretionary
WebFixed expenses Expenses that remain the same from month to month Discretionary expenses Non-essential expenses False T/F: Having more than one bank account is never a good idea since it can complicate money management. A zero-based budget A ___-___ budget ensures that every dollar you make is assigned a specific purpose. A zero-based … WebDec 9, 2024 · Fixed expenses are recurring expenses that don’t change and are usually paid monthly. Periodic expenses are less frequent (e.g. annually) and occur in predictable amounts. Variable expenses are often discretionary and can often be changed or eliminated by behavior.
Fixed variable discretionary
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Webdiscretionary expense A (n) _____ stays the same from month to month. fixed expense A (n) ______ should account for fixed, variable, intermittent, and discretionary expenses … WebDec 5, 2024 · Discretionary fixed costs can include advertising, research, management development programs, or extensive public relations strategies and are determined annually by management. Without significantly harming the company's long-term objectives, these fixed costs can be eliminated. A fixed (discretionary) cost applies here.
WebDiscrete variable definition, a variable that may assume only a countable, and usually finite, number of values. See more. WebJun 24, 2024 · Fixed costs are expenses like rent and property taxes that a company has to pay, regardless of how many units it produces. Within the category of fixed costs, there …
WebJun 28, 2024 · A discretionary expense is a cost that a business or household can survive without, if necessary. Discretionary expenses are often defined as nonessential spending. WebJan 17, 2024 · Budgeting Discretionary, Variable, and Fixed Expenses Fixed Expenses. Fixed expenses are necessary ongoing costs that don't change in amount or frequency. They might arrive... Variable Expenses. Variable expenses are still necessary costs, but …
Weba. fixed costs, variable costs, and mixed costs Costs that remain constant in total dollar amount as the level of activity changes are called a. fixed costs b. variable costs c. mixed costs d. product costs a. fixed costs Which of the following activity bases would be the most appropriate for gasoline costs of a delivery service?
WebApr 13, 2024 · Variable. Reduction that is held constant within age brackets, but differs among brackets, sometimes in approximation of an actuarial table. ... Profit sharing plan employer contributions can be a fixed percentage of profits or discretionary. Profits may include those for the entire company or just those in a specific business unit. If the ... cumberland plateau region luxury rentalWebUtility cost is a mixed cost with both fixed and variable components. Using the high-low method, the cost formula for utility cost is: Y = $4,000 + $0.50 X Y = $1.00 X Y = $1.25 X Y = $1,500 + $1.25 X A Management believes that maintenance cost is a mixed cost that depends on machine-hours. cumberland plastics granulatorWebfixed expense. A(n) _____-_____ _____ should account for fixed, variable, intermittent, and discretionary expenses based on income. zero based budget. A budget doesn't tell … cumberland plateau tn elevationWebfixed expense A (n) ____ should account for fixed, variable, intermittent, and discretionary expenses based on income zero-based budget A budget doesn't tell you not to spend. A budget actually... gives you permission to spend The envelope system is especially helpful for expenses like... food, gas, entertainment, shopping, etc east sussex ccg vacanciesWebTwo types of fixed costs Discretionary and commited Discretionary and committed fixed costs D: fixed costs that can be changed or avoided relatively easily in the short run at management discretion C: Fixed costs that cannot be easily changed Mixed costs Both fixed and variable costs east sussex bus changesWebJan 29, 2024 · Fixed committed expenses: These have a fixed monthly amount, such as your mortgage or rent. Variable committed expense: These vary from one month to the next month based on need, and would … east sussex care directoryWebFeb 16, 2024 · Here are some of the primary distinctions between discretionary and nondiscretionary bonuses: Nondiscretionary bonuses are based on completing predetermined conditions, while employers award discretionary bonuses on a case-by-case basis according to their judgment. Employers don't announce discretionary … east sussex coast college proportal