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  2. Discretionary vs. Non-Discretionary Accounts: Which Is Best ...

    www.aol.com/discretionary-vs-non-discretionary...

    In a non-discretionary account, a broker has no independent authority to execute trades. They can only buy and sell assets at their client’s instructions and have a duty to do so at the best ...

  3. Expenditures in the United States federal budget - Wikipedia

    en.wikipedia.org/wiki/Expenditures_in_the_United...

    Transfer payments to (persons) as a percent of Federal revenue in the United States Transfer payments to (persons + business) in the United States. CBO projects that spending for Social Security, healthcare programs and interest costs will rise relative to GDP between 2017 and 2027, while defense and other discretionary spending will decline relative to GDP.

  4. Earnings response coefficient - Wikipedia

    en.wikipedia.org/wiki/Earnings_response_coefficient

    If the component in the earnings is non-persistent (i.e. unusual, non recurring items) this will result in lower ERC. Accruals quality: The manager has considerable control over the amounts and timing of accruals. If the manager uses this control over accruals to influence the amount of reported net income, they are called discretionary ...

  5. Disposable income - Wikipedia

    en.wikipedia.org/wiki/Disposable_income

    Discretionary income is disposable income (after-tax income), minus all payments that are necessary to meet current bills. It is total personal income after subtracting taxes and minimal survival expenses (such as food, medicine, rent or mortgage, utilities, insurance, transportation, property maintenance, child support, etc.) to maintain a certain standard of living. [7]

  6. Fixed Expenses vs. Variable Expenses: What’s the Difference?

    www.aol.com/fixed-expenses-vs-variable-expenses...

    Here's a comparison of fixed expenses vs. variable expenses to help you budget efficiently. ... they are discretionary purchases that can be altered or eliminated without a significant impact to ...

  7. Earnings quality - Wikipedia

    en.wikipedia.org/wiki/Earnings_quality

    The extent and impact of discretionary accruals, The transparency and completeness of disclosures, The impact of low reported earnings on corporate image, The company's handling of "bad news," [2] and; The degree to which earnings are good estimates of cash flows. [3]

  8. What Is Discretionary Spending? How You Can Reduce It and ...

    www.aol.com/finance/discretionary-spending...

    Discretionary spending is non-essential spending that isn't mandatory for your basic needs like shelter, food, healthcare, work and personal care. Many expenses are essential, but discretionary...

  9. The difference between discretionary and non-discretionary accounts is critical, but very few individual investors even know this difference exists. The biggest difference is that with a ...