Expenses represent the costs to purchase goods or services,whereas expenditures represent the costs of a goods or services consumed or expired during the period.

Name: Expenses represent the costs to purchase goods or services,whereas expenditures represent the costs of a goods or services consumed or expired during the period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Expenses are the costs of goods or services consumed or expired during a period, while expenditures refer to the actual spending of money to purchase goods or services.

Expenses Represent the Costs to Purchase Goods or Services,whereas Expenditures