1. Creative and Media: Level 2 Higher Diploma Unit 6: Festival
Level 2 Higher Diploma Creative and MediaUnit 1: Scene
6.2.5 Budget A
Student Book
pp 186–95
Preparing a budget for your festival
1 What do you understand by the term ‘expenditure’?
When money is paid out. Payment of cash for goods, services
etc. in payment of an obligation as evidenced by an invoice,
receipt, voucher, or other such document. ______________
2 List the areas of expenditure for your festival in the table below.
Required expenditure:
3 What do you understand by the term ‘income’?
Total amount of money earned through various types of work
occurring of a given period of time.
4 Identify possible sources of income for your festival.
Possible sources of income
None
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