THS Business Math Chapter 3
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12 terms
Terms | Definitions |
|---|---|
 Annual Expenses | Expenses which occur only once a year |
| Record Keeping | Keeping track of items you spend money on during a period of time, to help you manage your money. |
| Expenditures | Items you spend money on. |
| Vehicle | Means of carrying or transporting something |
| Emergency Fund | this is extra money set aside to be used for unpredictable expenses |
| Expense Summary | compares the amounts that you have spent to the amounts that you have budgeted |
| Budget Sheets | a record of monthly expenses |
| Living Expenses | Routine expenses including amounts of food, utility bills, and pocket expenses |
| Vary | to exhibit or undergo charge |
| Fixed Expenses | they do not vary from one month to the next such as rent. |
| Budget | which is a plan for using money in away that best meets your wants and needs |
| Device | Something devised on contrived as a plan, procedure, or technique |
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