Balanced and unbalanced budget (II)
Economics SSS 2 Third Term
WEEK 4
Balanced and unbalanced budget (II)
Performance Objectives
Student should be able to:
- Define revenue
- Highlight criteria for revenue allocation
- Identify problems of revenue allocation in Nigeria...
Content
Definition of revenue
Revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers. Revenue is also referred to as sales or turnover. Some companies receive revenue from interest, royalties, or other fees. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, earned during a period. In more formal usage, revenue is a calculation or estimation of periodic income based on a particular standard accounting practise or the rules established by a government or government agency.
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- Elementary treatment of fiscal policy (I)
- Elementary treatment of fiscal policy (II)
- Balanced and unbalanced budget (I)
- Balanced and unbalanced budget (II)
- Elements of national accounting
- Economics SSS2 Third Term Mid-Term Assessment
- Test
- Elements of national accounting – Method of measuring national income
- Types of financial institutions and their functions
- Types of financial institutions and their functions ii
- Money: Demand for and supply of money
- Money: Inflation and Deflation
- Economics SSS2 Third Term Final Assessment
- Test
- Chapters 12
- Category SSS2
- Author ClassNotes Edu
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