In the morning, put peeled, quartered potatoes in a pot of cold water and refrigerate; when itâs time for dinner, just put the pot on the stovetop and fire it up! â Donât keep shredded potatoes in water.
Definition. Costs which occur on an irregular basis, rather than monthly. Examples of periodic expenses may include quarterly insurance premiums, school taxes, or automobile maintenance costs.efinition. Costs which occur on an irregular basis, rather than monthly. Examples of periodic expenses may include quarterly insurance premiums, school taxes, or automobile maintenance costs.
Accrued expense. Accrued expense is a liability whose timing or amount is uncertain by virtue of the fact that an invoice has not yet been received. The uncertainty of the accrued expense is not significant enough to qualify it as a provision. An example of an accrued expense is a pending obligation to pay for goods or services received from a counterpart, while cash is to be paid out in a later accounting period when the amount is deducted from accrued expenses.