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In budgeting the idea and hope is the writer of a budget is able to plan for every expenditure for the following fiscal year. Of course, doing so is extremely difficult and chancy. Therefore, one item almost every budget has is 'unforeseen expenditures'. This is a category where the bookkeeper assigns any cost which does not a specific place for it. For example; a budget for a small, family owned Deli would have Rent, Utilities, payroll, Janitorial, Cleaning Supplies, Capital Expenses (such as equipment purchases) building maintenance, food, Liability Insurance etc.
An example of an unforeseen expenditure might be a lawsuit for someone slipping on a wet floor which your insurance didn't cover and, therefore, you had to pay out of pocket. Another example might be a private party whose house was damaged in a hail storm and your insurance did not cover everything. Any out-of-pocket costs you incur would be considered an unforeseen expenditure.
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What is the difference between capex and revex?
CAPEX= Capital Expenditures REVEX = Revenues Expenditures
What is revenue minus expenditures?
Profits
When revenue exceeds expenditures?
there is a budget surplus
Examples of capital expenditure and revenue expenditure?
Capital expenditures are included in fixed asset costs. Examples of capital expenditures are purchase costs, legal charges delivery charges, and installation charges. Revenue expenditures include maintenance charges, renewal expenses, repair costs, and repainting costs.
How do you calculate capital expenditures?
Capital expenditures or CAPEX, refers to the money spent to acquire and maintain the physical assets of a company. It can be calculated by subtracting the total assets from the total liabilities found on the company's balance sheet.
Can you give me a sentence with the word unforeseen?
The future is unforeseen.
How do you spell unforeseen?
That is the correct spelling of "unforeseen" (unanticipated).
What is an example of a sentence using the word unforeseen?
I will see you at seven o'clock sharp, barring unforeseen delays.
When was Unforeseen Shadows created?
Unforeseen Shadows was created in 1999.
What is the opposite of foretold?
The opposite of "foretold" is "unforeseen" or "unexpected."
What happens to the aggregate expenditures curve when autonomous expenditures fall?
Aggregate expenditures will shifts down by the decline in aggregate expenditures.
When was Unforeseen Blessings created?
Unforeseen Blessings was created on 20-12-19.
Can you give a sentence for the word unforeseen?
the store victorias secrect is unforeseen because its braws.
Consumption Expenditures + Investment + Government Expenditures = _______.?
cfc
What actors and actresses appeared in Unforeseen - 2011?
The cast of Unforeseen - 2011 includes: Tyrone Howard
What measures are used to assess the performance of not-for-profit organizations?
measures that are relevant are: (1) the ratio of program expenditures to total expenditures; (2) the ratio of administrative overhead to total expenditures; (3) the ratio of fund-raising expenditures to total expenditures
What are the release dates for An Unforeseen Introduction - 1911?
An Unforeseen Introduction - 1911 was released on: USA: 13 March 1911
