- World's Largest Collection of Interview Questions & Answers, FAQs, queries, sample papers, exam papers, dumps, what, why, how, where, when questions
Our Services
Get 9,000 Interview Questions & Answers in an eBook.

Get it now !!
Send your Resume to 6000 Companies

Search Interview Questions

Question: What is the difference between Expenses & Expenditure ?

Answer: The difference between expenses and expenditure. Expenese is the outflow from a profit oriented organization while expenditure is the outflow from non-profit organization.

Category Cost Accounting Interview Questions & Answers - Exam Mode / Learning Mode
Rating (0.3) By 6530 users
Added on 11/18/2012
Views 57336
Rate it!
Question: What is the difference between Expenses & Expenditure ?

The difference between expenses and expenditure. Expenese is the outflow from a profit oriented organization while expenditure is the outflow from non-profit organization. Source:

Answered by: ahmed akewula | Date: 6/23/2008 | Contact ahmed akewula Contact ahmed akewula

The expenses and expenditure are two term that interweve. The differently they look, the more they look the same.

Expense are monies expended on items on which no value remains eg expenses on wages and salaries, Nepa bills, transportation, etc while expenditures are monies used for items of which some values remains eg purchase of assets especialy. Source:

Answered by: okoloise Godfrey | Date: 2/12/2009 | Contact okoloise Godfrey Contact okoloise Godfrey

expenses means different types of expenses incurred by an organisation

expenditure means the total expenses the company incurred can be regarded as an expenditure

conclusion- meaning is same but slight difference
in simple words
"expenses can be regarded as the exp met by a company"
"group of expenses can be regarded as expenditure" Source:

Answered by: ravindra | Date: 3/23/2009 | Contact ravindra Contact ravindra

In accounting terminology, there is one difference between Expense and Expenditure. The Expense is the expired portion of an Expenditure. If you want more clarification, jus think the concept with one example. All the other things remains same. We often use Expense and Expenditure simultaneously. But only this slight difference is there. Source:

Answered by: payal srivastava | Date: 9/23/2009 | Contact payal srivastava Contact payal srivastava

The difference between expense and expenditure.
The expenditure is the cost beared for the purchase of assest into the business. The benefits of this expenditure can be for longer period of time.
While the amount spent on the repair and maintenance of the car comes under expense. The benefits of expense can be for limited period.


Answered by: Muhammad Aftab | Date: 9/24/2009 | Contact Muhammad Aftab Contact Muhammad Aftab

An expenditure includes an expense but not vice versa. An expenditure is a thing that is expended or an act of disbursement. Whereas an expense is a cost, charge incurred or amount spent

Answered by: Gokul | Date: 2/2/2010 | Contact Gokul Contact Gokul

Expenses means which is bound to be incurred as and when required it can be regular exepnses say electricity is not expenditure. But expenditure means after taking decision some amount to be spent for it. Source:

Answered by: Jhankhana | Date: 5/12/2010 | Contact Jhankhana Contact Jhankhana

The expenditure may be for the purchase of an asset, a reduction of a liability, a distribution to the owners, or it could be an expense. For instance, an expenditure to eliminate a liability is not an expense, while expenditures for advertising, salaries, etc. will likely be recorded immediately as expenses. Source:

Answered by: Kaleem ullah | Date: 4/6/2016 | Contact Kaleem ullah Contact Kaleem ullah

If you have the better answer, then send it to us. We will display your answer after the approval

Rules to Post Answers in

  • There should not be any Spelling Mistakes.
  • There should not be any Gramatical Errors.
  • Answers must not contain any bad words.
  • Answers should not be the repeat of same answer, already approved.
  • Answer should be complete in itself.

Post your answer here

Inform me about updated answers to this question.
Related Questions
View Answer
What is marginal cost?

View Answer
What are variable costs?

View Answer
What are fixed costs?

View Answer
What is chargeback?

View Answer
Describe some of the methods used to allocate support costs.

View Answer
Tell us about your experience in cost accounting.

View Answer
Wat is BEP?

BEP-Break Event Point. It indicates no Loss and no Profit

View Answer

Please Note: We keep on updating better answers to this site. In case you are looking for Jobs, Pls Click Here - Best Freshers & Experienced Jobs Website.

View All Cost Accounting Interview Questions & Answers - Exam Mode / Learning Mode

India News Network
Latest 20 Questions
Payment of time- barred debt is: (a) Valid (b) Void (c) Illegal (d) Voidable
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
Which of the following is not an exception to the rule, "No consideration, No contract": (a) Natural love and affection (b) Compensation for involuntary services (c) Completed gift (d) Agency
Consideration must move at the desire of: (a) The promisor (b) The promisee (c) The promisor or any other party (d) Both the promisor and the promisee
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal
Cache = 0.984375 Seconds