Correct option is D
Extra expenditure refers to
non-regular, occasional spending that arises due to festivals, celebrations, or special occasions like
Deepawali. Such expenses are
not part of regular household budgets but are incurred for
gifts, decorations, sweets, clothing, and fireworks. Since these expenditures are
seasonal and discretionary, they fall under the category of
extra expenditure rather than essential or planned spending.
Information Booster:
· Extra expenditure is often
variable and influenced by personal preferences, financial condition, and cultural traditions.
· Families may plan for it in advance by
saving specifically for festivals, but the amount spent can vary each year.
· Managing extra expenditure through
budgeting helps avoid overspending and financial strain.
Additional Knowledge:
·
Planned Expenditure:
· Includes
regular, budgeted expenses like rent, groceries, and education fees.
· Festival spending is
not a regular or essential expense, so it does not fit this category.
·
Semifixed Expenditure:
· Expenses that remain
partially fixed but can be adjusted, such as
electricity bills, fuel costs, or groceries.
· Deepawali expenses are
not semifixed because they are occasional, not ongoing.
·
Uncontrolled Expenditure:
· Refers to
impulsive or unplanned spending that is difficult to manage, like
gambling or unnecessary luxury purchases.
· Festival spending can be
planned or adjusted, so it is
not considered uncontrolled.