Can You Distinguish Between Revenue Expenditure And Capital Expenditure?
State any five objectives of budgetary policy, Give One Example Of Each. (write About 60-80 Words).
Answer:
Revenue expenditure is an amount which is expensed immediately in the current accounting period. For example, the routine repairs and the running expenses are the revenue expenses. Revenue expenses are expensed in the current accounting period because the cost does not extend beyond the life of the asset. On the other mitt, a capital expenditure is the amount which is spent to acquire the long-term assets like for purchasing plant, property and equipment. The cost is entered as an asset within the balance sheet and depreciation is expensed after each accounting period.
Coming towards the second factor of your question:
The first objective of the budgetary policy is the right and efficient allocation of the resources for example, distribution of income surrounded by various sectors. Secondly, it is aimed to stabilize the macroeconomic indicators in an reduction like inflation, unemployment etc. Third objective is to increase the developments within the economy like to increase literacy rate by making new institutions. Fourth object is to deal with the social issues and problems. Moreover, another aim of budgetary policy is to establish new revenue policy close to tax rate determination for collecting tax revenues.
Resolved Questions:
What Is The Circumference A Circle With A Diameter 16inch?
The formula to figure the circumference is to multiply the diameter times pi, thich rounded off is 3.14. The diameter would be 16x3.14. Your answer is 50.24 inches.
A Certain Alloy Contains 5.25% Copper. How Much Copper Is There In...
How many pounds 10.5 lbs of pure copper in the 200 lb chunk. 200 lbs x 5.25% (.0525) = 10.5 lbs
How Do U Write 250 In Standard And Expanded Form?
Two - hundred + fifty= 250 Standard form 250 Expanded form 2*100 + 5*10 + 0*1 Expanded form with exponents 2*10 2 + 5*10 1 + 0*10 0 Expanded word form two hundred fifty Short word form 2 hundred 50, or...
Answer:
Revenue expenditure is an amount which is expensed immediately in the current accounting period. For example, the routine repairs and the running expenses are the revenue expenses. Revenue expenses are expensed in the current accounting period because the cost does not extend beyond the life of the asset. On the other mitt, a capital expenditure is the amount which is spent to acquire the long-term assets like for purchasing plant, property and equipment. The cost is entered as an asset within the balance sheet and depreciation is expensed after each accounting period.
Coming towards the second factor of your question:
The first objective of the budgetary policy is the right and efficient allocation of the resources for example, distribution of income surrounded by various sectors. Secondly, it is aimed to stabilize the macroeconomic indicators in an reduction like inflation, unemployment etc. Third objective is to increase the developments within the economy like to increase literacy rate by making new institutions. Fourth object is to deal with the social issues and problems. Moreover, another aim of budgetary policy is to establish new revenue policy close to tax rate determination for collecting tax revenues.
Resolved Questions:
What Is The Circumference A Circle With A Diameter 16inch?
The formula to figure the circumference is to multiply the diameter times pi, thich rounded off is 3.14. The diameter would be 16x3.14. Your answer is 50.24 inches.
A Certain Alloy Contains 5.25% Copper. How Much Copper Is There In...
How many pounds 10.5 lbs of pure copper in the 200 lb chunk. 200 lbs x 5.25% (.0525) = 10.5 lbs
How Do U Write 250 In Standard And Expanded Form?
Two - hundred + fifty= 250 Standard form 250 Expanded form 2*100 + 5*10 + 0*1 Expanded form with exponents 2*10 2 + 5*10 1 + 0*10 0 Expanded word form two hundred fifty Short word form 2 hundred 50, or...