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there is a budget surplus
Horace Hill
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What is revenue minus expenditures?
Profits
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.
What is the answer of this meaning revenue exceeds cost and expenses?
Simply means incoming funds are less than outgoing funds which indicates losses for people or businesses involved.
The government's annual plan for revenue and expenditures is know as the?
The Federal Budget is: The budget for the federal government. The federal budget of a country is determined yearly, and forecasts the amount of money that will be spent on a variety of expenses in the upcoming year.The Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability.The government's annual plan for revenue and expenditures is known as the Monetary Policy.
What is the difference between capex and revex?
CAPEX= Capital Expenditures REVEX = Revenues Expenditures
What results when expenditures exceed revenue?
A deficit is the result when expenditure exceeds revenue.
What is meant by surplus and deficit?
For a government that taxes and spends, there is revenue (income) and expenditures (outlays). When the expenditures exceed the revenue, the difference is a deficit, also referred to as a "shortfall". When revenue exceeds expenditures, there is money left over, and this is a surplus.
What is revenue minus expenditures?
Profits
Where is the revenue expenditure listed on the financial statement?
revenue expenditures are recorded in "income statement" as revenue expenditures are those expenses, benefits of which has already taken by company in full.
Does deficit occur when expenditures exceed revenues?
yes it exceeds.
What are money (revenue) bills?
Revenue bills. They concern both revenue (taxes) and expenditures (appropriations).
Why it is important to distinguish capital expenditures from revenue expenditures for tax purpose?
Because it is important. Capital expenditure = non-deductible Revenue expenditure = deductible
What is the formula for Net Operating Margin in Excel?
=(total revenue- total expenditures)/revenue. you get a percentage.
Is it true that a loss occurs when your revenue exceeds your expenses?
False, revenue is gain
If the firm's sales revenue income exceeds its expenses the firm has earned a profit?
If a firm's sales revenue exceeds its expenses, the firm has earned a profit.
Which describes a budget in which expenditures exceed revenue?
budget deficit
What are bills concerning money called?
Revenue bills. They concern both revenue (taxes) and expenditures (appropriations).
