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revenue is income and expenditure is an expense

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12y ago

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Difference between expenditure management and revenue management?

Expenditure is money going out, revenue is money coming in.


What is the meaning of revenue expenditure?

Revenue is money and an expenditure is what is spent.


What is the difference between operating costs and revenue expenditure?

They are synonyms.


What will be paid water charges to the muncipal committee a capital expenditure or revenue expenditure?

revenue expenditurerevenue expenditure


What is the Difference between fiscal deficit and revenue surplus?

Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.


Is depreciation revenue expenditure?

Yes depreciation is a revenue expenditure as it incurs every year to generate revenue and capital expenditure is that expenditure which is incurred for one time to earn revenue for more than one fiscal year.


Explain the difference between capital and revenue items of expenditure and income?

Capital expenditure are those the benefits of which will be taken for more than one fiscal year while for revenue expenditure benefits are only for one fiscal year.


If a capital expenditure is treated as a revenue expenditure then?

Now, if a capital expenditure is treated as a revenue expenditure, then the expenses would be overstated and also the Fixed assets would be overstated


What differentiates capital expenditure from revenue expenditure?

Capital expenditure is spending from your savings (eg buying a house), Revenue expenditure is spending from your wages (eg buying a beer).


What is the Difference between revenue expenditure and expense?

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 is theDifference between fiscal deficit and revenue deficit?

when the expenditure is more then the revenue.it means that your spending is more then the amount which you have[revenue]


The cost of a new windshield wiper on a delivery truck would be classified as a capital expenditure or revenue expenditure or an infrequent expense?

revenue expenditure