Home
/
Business
/
Select all the options which are examples of expenditure. Receiving pocket money Lending money to a friend Topping up credit on a phone Being paid for doing chores Giving money to charity Borrowing money from a sibling Spending money on a game Buying food at a supermarket Selling old books for money Receiving pocket money Lending money to a friend Topping up credit on a phone Being paid for doing chores Giving money to charity Borrowing money from a sibling Spending money on a game Buying food at a supermarket Selling old books for money

Question

Select all the options which are examples of expenditure. Receiving pocket money Lending money to a friend Topping up credit on a phone Being paid for doing chores Giving money to charity Borrowing money from a sibling Spending money on a game Buying food at a supermarket Selling old books for money Receiving pocket money	Lending money to a friend	Topping up credit on a phone Being paid for doing chores	Giving money to charity	Borrowing money from a sibling Spending money on a game	Buying food at a supermarket	Selling old books for money

Select all the options which are examples of expenditure. Receiving pocket money Lending money to a friend Topping up credit on a phone Being paid for doing chores Giving money to charity Borrowing money from a sibling Spending money on a game Buying food at a supermarket Selling old books for money Receiving pocket money Lending money to a friend Topping up credit on a phone Being paid for doing chores Giving money to charity Borrowing money from a sibling Spending money on a game Buying food at a supermarket Selling old books for money

expert verifiedVerification of experts

Answer

3.4276 Voting
avatar
GraysonElite · Tutor for 8 years

Answer

<p> Topping up credit on a phone; Giving money to charity; Spending money on a game; Buying food at a supermarket</p>

Explain

<p> In economic terms, an expenditure refers to the act of spending money or the amount of money spent on something. Options that fall under this definition are considered examples of expenditure.<br /><br />Looking at the options, "Receiving pocket money" and "Being paid for doing chores" are income inflow—not expenditures. "Lending money to a friend" and "Borrowing money from a sibling" are transference of funds—not expenditures. "Selling old books for money" is a form of income—not an expenditure.<br /><br />However, "Topping up credit on a phone", "Giving money to charity", "Spending money on a game", and "Buying food at a supermarket" all constitute the act of spending money on goods, services, or contributions. Consequently, they are examples of expenditure.</p>
Click to rate:

Hot Questions

More x