Class 9 Exam > Class 9 Notes > Introduction to Financial Markets for Class 9 > Additional Questions: What is Expenses?
Additional Questions: What is Expenses? | Introduction to Financial Markets for Class 9 PDF Download
Q.1. What is expense?
The money spent to satisfy needs and wants may be termed as money going out or otherwise called expenses.
Q.2. State different types of expenses with example.
- Variable expenses: It can be changed due to some reasons like usage, consumption etc. which means a person can have some control over it. Example, fooding expenses etc.
- Fixed Expenses: Fixed expenses are fixed in nature and over which a person cannot have control and it is not depending on usage or consumption. Example, house rent.
Q.3. What is Cash Budget?
A Budget is a statement indicating income on the one hand and how the income is allocated to various fixed and variable expenses. It shows the money coming in and the 'money going out' in detail.
Q.4. Define the concept “P.Y.F.”
“P.Y.F” stands for pay yourself first. The moment we earn, we can set aside a fixed sum of money in the form of savings regularly or every month depending on the time of earning so that we can achieve our financial goals. It is nothing but savings regularly before making plan for any spending.
The document Additional Questions: What is Expenses? | Introduction to Financial Markets for Class 9 is a part of the Class 9 Course Introduction to Financial Markets for Class 9.
All you need of Class 9 at this link: Class 9
|
26 videos|33 docs
|
FAQs on Additional Questions: What is Expenses? - Introduction to Financial Markets for Class 9
| 1. What are expenses in accounting? |  |
Ans. Expenses in accounting refer to the costs incurred to generate revenue, such as salaries, rent, utilities, and supplies. These costs are subtracted from revenue to calculate a company's net income.
| 2. How are expenses classified in accounting? | |
Ans. Expenses in accounting are classified into different categories such as operating expenses, non-operating expenses, cost of goods sold, and interest expenses. Each category represents a specific type of cost incurred by a business.
| 3. Can expenses be deducted from taxes? | |
Ans. Yes, expenses can be deducted from taxes as long as they are considered necessary and ordinary for conducting business. This includes expenses like advertising, travel, and office supplies.
| 4. What is the difference between expenses and liabilities? | |
Ans. Expenses are costs incurred in the process of generating revenue, while liabilities are obligations that a company owes to external parties. Expenses are recorded on the income statement, while liabilities are recorded on the balance sheet.
| 5. How do businesses control expenses? | |
Ans. Businesses can control expenses by creating a budget, monitoring expenses regularly, negotiating better deals with suppliers, reducing unnecessary expenses, and increasing efficiency in operations. Proper expense management is crucial for maintaining profitability.
Related Exams
About this Document
|
Nov 25, 2024 Last updated |
Document Description: Additional Questions: What is Expenses? for Class 9 2024 is part of Introduction to Financial Markets for Class 9 preparation.
The notes and questions for Additional Questions: What is Expenses? have been prepared according to the Class 9 exam syllabus. Information about Additional Questions: What is Expenses? covers topics
like and Additional Questions: What is Expenses? Example, for Class 9 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Additional Questions: What is Expenses?.
Introduction of Additional Questions: What is Expenses? in English is available as part of our Introduction to Financial Markets for Class 9
for Class 9 & Additional Questions: What is Expenses? in Hindi for Introduction to Financial Markets for Class 9 course.
Download more important topics related with notes, lectures and mock test series for Class 9
Exam by signing up for free. Class 9: Additional Questions: What is Expenses? | Introduction to Financial Markets for Class 9
Description
Full syllabus notes, lecture & questions for Additional Questions: What is Expenses? | Introduction to Financial Markets for Class 9 - Class 9 | Plus excerises question with solution to help you revise complete syllabus for Introduction to Financial Markets for Class 9 | Best notes, free PDF download
Information about Additional Questions: What is Expenses?
In this doc you can find the meaning of Additional Questions: What is Expenses? defined & explained in the simplest way possible. Besides explaining types of
Additional Questions: What is Expenses? theory, EduRev gives you an ample number of questions to practice Additional Questions: What is Expenses? tests, examples and also practice Class 9
tests
|
26 videos|33 docs
|
Download as PDF
|
Explore Courses for Class 9 exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Previous Year Questions with Solutions
,mock tests for examination
,ppt
,Objective type Questions
,Sample Paper
,Additional Questions: What is Expenses? | Introduction to Financial Markets for Class 9
,Additional Questions: What is Expenses? | Introduction to Financial Markets for Class 9
,Semester Notes
,Important questions
,Additional Questions: What is Expenses? | Introduction to Financial Markets for Class 9
,Summary
,video lectures
,practice quizzes
,Extra Questions
,Viva Questions
,study material
,MCQs
,past year papers
,Exam
,shortcuts and tricks
,Free
;
Additional Information about Additional Questions: What is Expenses? for Class 9 Preparation
Additional Questions: What is Expenses? Free PDF Download
The Additional Questions: What is Expenses? is an invaluable resource that delves deep into the core of the Class 9 exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the Additional Questions: What is Expenses? now and kickstart your journey towards success in the Class 9 exam.
Importance of Additional Questions: What is Expenses?
The importance of Additional Questions: What is Expenses? cannot be overstated, especially for Class 9 aspirants.
This document holds the key to success in the Class 9 exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
Additional Questions: What is Expenses? Notes
Additional Questions: What is Expenses? Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to Additional Questions: What is Expenses?.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, Additional Questions: What is Expenses? Notes on EduRev are your ultimate resource for success.
Additional Questions: What is Expenses? Class 9
The "Additional Questions: What is Expenses? Class 9 Questions" guide is a valuable resource for all aspiring students preparing for the
Class 9 exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study Additional Questions: What is Expenses? on the App
Students of Class 9 can study Additional Questions: What is Expenses? alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Additional Questions: What is Expenses?,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Additional Questions: What is Expenses? is prepared as per the latest Class 9 syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup