Expense ( page 162 ).
Questions.
1. What is cost? expense? 2. How are these words now commonly differentiated? 3. What is the meaning of outlay? of outgo?
Examples.
Which of you, intending to build a tower, sitteth not down first, and counteth the ——, whether he have sufficient to finish it.
The entire receipts have not equaled the ——.
When the —— is more than the income, if the income can not be increased, it becomes an absolute necessity to reduce the ——.