expenditure definition

expenditure

Actual payment of cash or cash-equivalent for goods or services, or a charge against available funds in settlement of an obligation—as evidenced by an invoice, receipt, voucher, or other such document. A revenue expenditure is cash used in payment for goods and services consumed in a short period. A capital expenditure is cash used in purchase of fixed assets that last one year or more.

expenditure is in the Accounting & Auditing and Banking, Commerce & Finance subjects.

expenditure appears in the definitions of the following terms: non value adding activity, threshold effect, positive cash flow, obligation basis of accounting, national debt, ways and means, conspicuous consumption, personal savings, product concept, national expenditure and

expenditure appears in the other terms: encumbered expenditure open item, consumption expenditure, capital expenditure to sales ratio, discretionary expenditure, tax expenditure, capital expenditures budget, revenue expenditure, variable production overhead expenditure variance, expenditure variance, expenditure-based budget and

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