Revenue expenditure is expenditure that

creates assets such as roadsCorrect answerYour answercreates no asset and reduces no liabilityCorrect answerYour answerrepays loansCorrect answerYour answerbuys shares of companiesCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

Salaries, pensions, interest and subsidies are spent on running the government: revenue expenditure.

Concept: Revenue expenditure
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsRevenue and capital expenditure

Practise this chapter →

Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

Practise this chapter →

Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

Practise this chapter All 57 questions in Government Budget: Receipts & Expenditure Revise the notes for Government Budget: Receipts & Expenditure

Revenue expenditure is expenditure that

Explanation