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Expense budget planning is an important part of any budget. An expense budget is a list of forecasted expenses within a set amount of time. An expense budget could cover a quarter, an entire year or just a month.
The definition and application of 'expenses' in accounting - Foundation level. An expense in accounting is the money spent or cost incurred in an entity's efforts to. generate revenue. Expenses represent the cost of doing business where doing. business is the sum total of the activities directed towards making a profit. 'Expenses' in accounting. Background to 'expenses' in accounting.