While the capital budget and revenue budget are both budgets, the capital budget is incorporated for the long term. A revenue budget is made for the short term.
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
operating budget pays for day-to-day expenses, like salaries of a state employee and capital budget pays for major capital, or investment, spending, like building a bridge the money comes from there.
what is the difference and similarity between cash budget and long term financial planning
there is a budget surplus
The main difference is, budget is a planned activity to meet the targets whereas financial report is the one which shows the health/wealth of the organization.
A budget is a financial plan for the upcoming period. A capital budget, on the other hand, involves an organization's proposed long-range major projects.
Fiscal assets are the capital revenue for the formulated budget.
operating budget pays for day-to-day expenses, like salaries of a state employee and capital budget pays for major capital, or investment, spending, like building a bridge the money comes from there.
operating budget pays for day-to-day expenses, like salaries of a state employee and capital budget pays for major capital, or investment, spending, like building a bridge the money comes from there.
Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.
operating budget pays for day-to-day expenses, like salaries of a state employee and capital budget pays for major capital, or investment, spending, like building a bridge the money comes from there.
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
capital expenditure budget is a part of cash budget.cash budget involves managerial activities while capital expenditure budget involves day to day activities may be for long range or short range
The budget of Colorado Department of Revenue is 926,000,000 dollars.
If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE
Recurrent budget is an ongoing budget or expenses that occur either monthly, quarterly or annually, and somewhat predictable e.g. electric bill, grocery, rentals; while developmental budget is non recurring budget that is not expected e.g. wedding, accident, hospitalization
iiiustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget