Which of the following would fall under the 'When' category in the Who What When methodology?

Which of the following would fall under the 'When' category in the Who What When methodology?

• A. income
• B. expenses
• C. assets
• D. liabilities

Answer: (B)

Timing of cash flows is the focus here. The When category tracks when money moves—the dates you will pay or receive funds. Expenses are the cash outflows that occur on specific dates (rent due dates, bill payments, scheduled purchases), so they naturally fit the timing slot. Income also has timing, but in this framework the emphasis is on when you incur outflows and cash leaves your pocket, whereas assets and liabilities are stock items that describe what you own or owe rather than when those movements occur. So expenses best represent the timing aspect in the Who What When approach.

Timing of cash flows is the focus here. The When category tracks when money moves—the dates you will pay or receive funds. Expenses are the cash outflows that occur on specific dates (rent due dates, bill payments, scheduled purchases), so they naturally fit the timing slot. Income also has timing, but in this framework the emphasis is on when you incur outflows and cash leaves your pocket, whereas assets and liabilities are stock items that describe what you own or owe rather than when those movements occur. So expenses best represent the timing aspect in the Who What When approach.