Business, Legal & Accounting Glossary
An expense that can be adjusted or eliminated, such as for luxury items, such as clothes or CDs.
The accounting department must enter the value for the business dinner account each month, because it is a flexible expense.
In order to save the current economic downfall, the governing parties should sit down to discuss and re-allocate their flexible expense into more needed categories.
Mrs. Applebottom and Mr. Applebottom had differing opinions on what constituted a flexible expense in their household, with diamonds and bourbon being the worst offenders.
inflexible expense
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This glossary post was last updated: 1st November, 2021 | 0 Views.