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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
How do you calculate government's operating surplus or deficit?
To calculate a government's operating surplus or deficit, subtract total government expenditures from total government revenues. If revenues exceed expenditures, the result is an operating surplus; if expenditures exceed revenues, it results in a deficit. This calculation typically includes only current operating revenues and expenses, excluding capital expenditures and revenues. The formula can be expressed as: Operating Surplus/Deficit = Total Revenues - Total 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
Does deficit occur when expenditures exceed revenues?
yes it exceeds.
What is it called When tax revenues exceed expenditures?
Budget Surplus
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■╖
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
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.
When revenues exceed expenditures the government has a?
a big fat in the red( deficet )not sure how to spell it
