Capital income and capital expenditure, Business Economics

Task 1

Your line manager has asked you what you think the accounting department's role is in relation to the organisation. In your group, discuss the main purpose of accounting activities for an organisation, considering whether this would vary for different types of organisation. You should note down what you think is the most accurate description of the purpose of accounting.

This task addresses P1

Task 2

In your group you will need to carry out the following.

a) Discuss what is meant by the terms capital income, capital expenditure, revenue income and revenue expenditure.

b) Carry out some research using the internet and any available publications to see if there are any other descriptions of these terms that you have not thought of. You should compare at least two different sources of information.

c) Meet with your group again to discuss the research you carried out in b). Individually note down accurate descriptions for each term, based on the information you have found. Ensure that you explain the differences between the terms.

d) Select three different kinds of organisation and decide, as a group, the different categories of capital income, capital expenditure, revenue income and revenue expenditure for each organisation selected.

e) Individually, produce a report with detailed descriptions and examples of the different categories of income and expenditure.

This task addresses P2

Posted Date: 2/23/2013 1:28:53 AM | Location : United States







Related Discussions:- Capital income and capital expenditure, Assignment Help, Ask Question on Capital income and capital expenditure, Get Answer, Expert's Help, Capital income and capital expenditure Discussions

Write discussion on Capital income and capital expenditure
Your posts are moderated
Related Questions
How can the savings gap be plugged? Low savings are a barrier type to growth. All developing countries have low incomes therefore low savings. A savings gap can be met through

International oil has been described as the lifeblood of industrial society. A National Security Council paper in 1953 noted that American Based multinational oil companies were in

Why do all multinational automakers choose to use FDI to enter this industry? What are the drawbacks of using other entry modes such as exporting and licensing?

What are the major problems in measuring national income? The major problems in measuring national income: a. Unreliable statistics data collection is costly and the figu

what are the abstracting and indexing services in social science?

Question 1: ‘The WTO was set up with the intention of regulating international trade between countries'. How successful has the WTO been in attaining its objectives? Questi

How does economic theory contributes to managerial decisions?

At which of the stages in the tipical structure of a company is a business given an identity separate from its owners?


Explain about the term Traditional Economy. Traditional economy: It is where decisions regarding what, how and for whom to produce are based onto tradition and custom. A