Operational Expenses

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Definitions
Discretionary Cost
Discretionary Cost Managed Cost Advertising Expenses Maintenance Costs Research and Development Operational Expenses Business Management
Discretionary costs are expenses that can be easily adjusted or managed by a firm’s management, often including items such as advertising, repairs and maintenance, and research and development.
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Definitions
Running Costs
Running Costs Fixed Assets Operational Expenses Maintenance Business Costs Consumables
The expenditure incurred in order to carry out the operations of a fixed asset. Examples are power, maintenance, and consumable materials for a machine or fuel, oil, tires, and servicing for motor vehicles.
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