You are working at a tax office that completes personal tax returns for a fee.Your boss asks you to estimate how much your entire office will collect in fees for the coming year.What will you create for your boss?

Question

Quizplus · Accepted Answer

A revenue budget is a projection of the income that a business or organization will generate over a specific period of time. In this case, the tax office is projecting the amount of fees they will collect for the coming year. A fee budget would be more focused on breaking down the fees for individual services, while an expense budget would be focused on the costs of running the tax office. A capital expenditures budget would be focused on planning for large investments in assets or infrastructure.

You Are Working at a Tax Office That Completes Personal