What is the difference between discretionary and nondiscretionary spending?
What is the difference between discretionary and nondiscretionary spending? These categories can be further broken down into nondiscretionary expenses, which are things you can’t do without, such as food and rent, and discretionary expenses, which you can do without (vacations and entertainment). What is discretionary capex? Discretionary CAPEX means all capital expenditure to acquire property, […]