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Revenue expenditure are those for which company has spend money but not yet took the benefits of them as soon as company take benefits of those expenditure, it become expanse.
For Example:
Inventory purchase for 3 months of production is revenue expenditure but when this inventory utilized in production then the portion of utilized inventory become expanse.
What else can I help you with?
What is the difference between capex and revex?
CAPEX= Capital Expenditures REVEX = Revenues Expenditures
Are revenues the same as net income?
Revenues are earnings from sales of products and net income is the difference between revenues and expenses.
When government revenues and expenditures are equal there is?
A balanced budget
What is it called When tax revenues exceed expenditures?
Budget Surplus
Does deficit occur when expenditures exceed revenues?
yes it exceeds.
When revenues exceed expenditures, _____.?
there is a budget surplus
What is the basic principle of tax system?
To generate revenues to pay for government expenditures.
When revenues equal expenditures the government budget is?
Cyclical.╓­­­■Taxen■╖
Deffrentiate between surplus and deficit?
If the Government expenditures are more than government receipts this situation represents Budget Deficit and if the government expenditures are less than the government revenue or the revenues are more than expenditures, the budget is Surplus.
What is the difference between governmental annual operating budgets and capital budgets?
annual operating budgets include estimated revenues and appropriations for expenditure for a specific fiscal year. Capital budgets control the expenditures for construction projects and fixed asset acquisitions
When revenues exceed expenditures the government has a?
a big fat in the red( deficet )not sure how to spell it
What is the difference between revenues and the expenses needed to operate the business?
profit or loss
