Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Definitions
Related Categories
Tip of the Day

Tip of the Day Consider Public Schools

Consider Public Schools - It is a fact, we all want the best education for our children and many of us believe the only way that is going to happen...

read entire tip

Recently Added
Other Great Sites
 

Variable Committed Expense

Variable Committed Expense - Variable committed expenses can happen from time to time, more than the usual or standard costs, even recurring occasionally. They can be temporary and/or periodic, for a short term, ever-so-often, higher, lower, fluctuating, but ever-present. Allowances for this flexibility and incidence is important in budgeting to off-set these occurrences. Necessary expense, higher and lower at times, can not be avoided, but their impacts minimized effectively. Anticipation, cutting cost, avoiding waste are countermeasures to off-set these impacts.  Downtime, maintenance are part of the budgeted costs of running/operating a business, projected cost in budgets. Parts and labor for example, how often equipment (will), break-downs occur, can be budgeted for, but not precisely predicted.  Having reserves and contingencies built-in holds the key to successfully dealing with these realities and challenges. Actions taken will center around minimizing escalation and upswings of these committed expenses, to ensure business continuity and functioning at all times. Planning, budgeting and resource management can go along way to address these challenges.

 

Discuss It!
Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day Certificate of Deposit (CD)

Definition: This is much like a bond from a bank because you give a bank money for a specified amount of time and they agree to pay you back at that time, plus interest.  The length of a CD usually varies from one month to five years. TeenAnalyst Advice: If you...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com