The concept which tries to ascertain the actual deficit in the revenue account after adjusting for expenditure of capital nature is termed as?

The concept which tries to ascertain the actual deficit in the
revenue account after adjusting for expenditure of capital
nature is termed as?
by

1 Answer

Answer :

Effective revenue
deficit
by

Related questions

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A _________ occurs when a government's total expenditure exceed the revenue that it generates, excluding money from borrowings.

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Which of the following is not deferred revenue expenditure? A. Heavy advertisement expenditure. B. Expenses incurred in removing the business to more convenient premises. C. Preliminary expenses. D. Depreciation on fixed assets.

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Last Answer :  (b) Decreases the value of the expenditure and net tax revenue multiplier;

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If the balance in Merchandise Inventory is larger at the end of the year than at the beginning what adjusting entry would you make for this account?

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The actual output of 162,500 units and actual fixed costs of Rs. 87000 were exactly as budgeted. However, the actual expenditure of Rs 300,000 was Rs. 18,000 over budget. What was the budget variable cost per unit?

Description :  The actual output of 162,500 units and actual fixed costs of Rs. 87000 were exactly as budgeted.  However, the actual expenditure of Rs 300,000 was Rs. 18,000 over budget. What was the budget variable cost per unit?

Last Answer : (a) Rs 1.20

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Last Answer : (4) Both (1) and (2) above Explanation: The Special category states category is meant for a specific category such as a hilly terrain and geographically difficult area where supply of public services is ... -special ones get 70 per cent of the resources as loan and remaining 30 per cent as grant.

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Last Answer : A. Balance equals the change in its net foreign wealth.

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In case of a, centrifugal pump, the ratio h1/h2is termed as the __________ efficiency (where, h1 = actual measured head & h2 = head imparted to the fluid by impeller). (A) Mechanical (B) Overall (C) Volumetric (D) Impeller

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Last Answer : A) Mechanical

Which statement is prepared under the single entry system to ascertain profit?

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Which among the following is the societal obligation of accounting ? (A) To ascertain profit correctly (B) To maintain the records of the assets and liabilities of organisation (C) To establish effective organizational control (D) To be helpful in correct tax assessment

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