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The cycle of earning and spending is an example of?
The cycle of earning and spending is an example of a cash flow cycle. This mainly focuses on the income and expenditure.
How is the expenditure cycle a mirror image of the revenue cycle?
The expenditure cycle and the revenue cycle are interconnected financial processes in a business, reflecting each other's functions in opposite ways. While the revenue cycle involves activities related to earning income, such as sales and collections from customers, the expenditure cycle focuses on acquiring goods and services and managing payments to suppliers. Essentially, as revenue flows into the organization through sales, expenditures flow out in the form of costs for acquiring those sales. Both cycles emphasize the importance of timely and accurate record-keeping to ensure financial stability and operational efficiency.
Is credit income or expenditure?
Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure
What is the definition of Recurring Expenditure and Non Recurring Expenditure?
expenditure
What do you mean by revenue expenditure?
Expenditure for which benefit is expected to be taken in one fiscal year from occurance of expenditure is called 'Revenue Expenditure" Expenditure for which benefit is expected to be taken for morethan once year is called 'Capital Expenditure'
What is irregular expenditure?
what is irregular expenditure
Where to hyphenate expenditure?
Expenditure is not hyphenated.
What are the item's of capital expenditure and recurrent expenditure?
Recurrent or Revenue Expenditure are those expenditure the benefits of which are utilized by company in one single year and capital expenditure are those expenditure the benefits of which are utilized for morethan one fiscal year. Revenue expenditure Example: Inventory etc Capital Expenditure : plant, machinery, building etc.
What are two Malaysia government expenditure?
1) operating expenditure 2) development expenditure
What is a negative capital expenditure?
negative expenditure
How do you do an expenditure sheet?
It becomes an expenditure when you use it
What is the meaning of projected expenditure?
projected expenditure
