revenue expenditure is recurring in nature. It is incurred to operate day to day expenses. eg salaries and wages, printing and stationery.
Define computer
Contribution margin is that amount from sales revenue which a single sold unit contribute to recover the fixed cost incurred to manufacture that unit after recovering the variable cost.
Define direct and indirect labour?"
sole banking
define tabular method
In a short and comprehensive way of my own understanding recurrent expenditure can be define as an expenditure that occurred after the existing expenditure had already be made for that year
Define computer
Revenue over cost.
Budget surplus.
Its classed as an estimation of the revenue and expenses over a specified future period of time
Prepaid revenues are defined as revenue that have been received in the current fiscal period but that will not be added to revenues until a subsequent fiscal period when the benefits are given.
Public Revenue is the income realized by the government for purposes of financing public administration. Public revenue may be realized from taxation of the various entities and activities within the country or from non-tax sources such as revenue from government-owned corporations, public wealth funds, grants etc.
means loses value over time. Example-your car. it is worth less & less the older it gets.
EBITDA Earnings Before Interest Tax Depreciation and Amoortisation Also Revenue minus costs.
Average anual profit = average operating cash flow - depreciation
Book cost ; sunk cost. A cost incurrence where the cash expenditure has already occurred, such as the cost of depreciation for a machine purchased several years ago.