Which of these is NOT typically a component of objects of expenditure?

The concept of objects of expenditure refers to the different categories within a budget that detail how funds are allocated for various operational needs. These categories are essential for financial planning, as they help schools identify where their resources are going and ensure that expenditures align with their goals and objectives.

Office supplies, wages, and travel expenses are common components of objects of expenditure. Office supplies encompass all the materials and assets required for day-to-day operations. Wages represent the compensation paid to staff, which is often one of the largest expenses in educational settings. Travel expenses cover the costs associated with staff travel for professional development and other school-related activities.

In contrast, financial planning strategies are not classified as an object of expenditure. Instead, they are methodologies or frameworks used in the budgeting process to guide how funds will be allocated. While important for overall financial management, financial planning strategies do not represent a specific expenditure that appears in a budget report. Therefore, identifying it as NOT a component of objects of expenditure is accurate, as it pertains more to the strategic approach than to the actual expenses incurred.