BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Items you spend money on is called ____
A
expenditures
B
recordkeeping
C
budget sheet
Explanation: 

Detailed explanation-1: -An expenditure represents a payment with either cash or credit to purchase goods or services. It is recorded at a single point in time (the time of purchase), compared to an expense that is recorded in a period where it has been used up or expired.

Detailed explanation-2: -An expenditure is money spent on something. Expenditure is often used when people are talking about budgets.

Detailed explanation-3: -Expenditure is the spending of money on something, or the money that is spent on something.

Detailed explanation-4: -As nouns the difference between spending and expenditure is that spending is an amount that has been, or is planned to be spent while expenditure is (uncountable|countable) act of expending or paying out.

There is 1 question to complete.