Revenue Budget Is Also Called

The revenue budget.

Revenue budget is also called. In a flexible budget provisions are made to modify the budgeted cost and revenue for any level of activity of the firm s operations. If you have a sales history you can base the budget on past performance. The revenue budget comprises revenue receipts and expenditure met from these revenues. Capital budget consists of c.

Revenue receipts are divided into tax and non tax revenue. As a verb budget is to construct or draw up a budget. Ebit less interest expense interest expense interest expense arises out of a company that finances through debt or capital leases. As nouns the difference between revenue and budget is that revenue is the income returned by an investment while budget is obsolete a wallet purse or bag.

You then adjust this for new products coming on the market increased competition changes in the economy and other factors. A budget is the sum of money allocated for a particular. The revenue receipts include both tax revenue like income tax excise duty and non tax revenue like interest receipts profits. Similarly when the government is performing its day today functions lot of revenue will be accrued to it.

There are different ways to calculate revenue. A budget is an estimation of revenue and expenses over a specified future period of time and is utilized by governments businesses and individuals. Your budgeted revenue is the estimate of what you expect sales to bring in during the coming year. Flexible budget is also called variable budget.

As a adjective budget is of or relating to a budget. The revenue budget consists of revenue receipts of the government revenues from tax and other sources and its expenditure. Revenue budget involves revenue receipts and revenue expenditure. Expenditure is needed to finance government functions like defense social services administration etc and these are the main revenue expenditures.

Revenue is also known as sales as in the price to sales ratio an alternative to the price to earnings ratio that uses revenue in the denominator. So a flexible budget prepared for one level of activity can be altered for any level of activity.