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Expenditure for celebrating Deepawali is:
Question



Expenditure for celebrating Deepawali is:

A.

Planned Expenditure

B.

Semifixed Expenditure

C.

Uncontrolled Expenditure

D.

Extra Expenditure

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.

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