Synonyms for expense loss
ex·pense loss

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1. el

   expense loss is the variance between money that is currently unsystematically expensed on product, services, or equipment and the achievable amount of expense reduction that is possible or interpreted through a review and fiscally applied methods of spending behavior and forward-thinking decisions.

   the theory of expense loss occurs when behavior is disorganized and money is expensed without regard to the benefits of considering alternatives, along with possible long term consequences of decisions made. very often reasons for lost profits occur because staff, manager, or owner is busy concentrating on building and running the business and the payment of invoices, making quick decisions, and doing business as usual becomes routine without a thought to other options. failure to maintain a constant review and evaluation of expenses will always have a negative effect on profits and result in expense loss

   Submitted by JimLop on October 14, 2019  

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