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Q: What is charged expenditure?
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Which step of the necessary expense test ensures that the expenditure be necessary and incident to the proper execution of the general purpose of the appropriation?

The expenditure must bear a logical relationship to the appropriation sought to be charged


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'


Where to hyphenate expenditure?

Expenditure is not hyphenated.


What is irregular expenditure?

what is irregular expenditure


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 the difference between revenue capital and capital expenditure?

Revenue expense are costs in the for day to day running of the business for example servicing a machine, spare parts etc. Revenue expenditure is normally charged against profit in the Income statement in the year it is expensed. Capital expenditure is on an item that will help generate profits over the longer term (12 months or more) so a purchase of a machine or van etc. The item is depreciated over the items useful life and each depreciateable amount is charged to the Income statement in the year the item has help generate profit.


Is defence expenditure is a development expenditure in India?

no


How do you do an expenditure sheet?

It becomes an expenditure when you use it


What is the meaning of projected expenditure?

projected expenditure