DISCRETIONARY FIXED COSTS Definition

Bookmark and Share

DISCRETIONARY FIXED COST normally has a budgetary life of under one year, i.e. the cost arises from annual budgetary decisions by management in specific fixed cost areas, e.g. R&D or Marketing.

 

Learn new Accounting Terms

ATTEST is to authenticate, affirm to be true, genuine, or correct, as in an official capacity.

SENSITIVE LIABILITIES normally refers to interest rate sensitive liabilities (i.e., liabilities where there is a floating interest rate).

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.