Finance for Everyone Toolkit: Costs and Expenses

Welcome to the “Finance for Everyone Toolkit: Costs and Expenses” video lesson intended to help learners effectively manage their various costs and expenses. During this lesson, viewers will learn the difference between expenses and costs and become familiar with common costs and expenses they will encounter as part of business. Finally, viewers will examine two major types of expense classification that organizations typically use. This video lesson is part of the “Finance for Everyone Toolkit,” which provides non-financial employees with foundational knowledge on finance topics. (Keywords: controllable, uncontrollable, variable, fixed, direct, indirect, functional, natural)