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Government Budget: Receipts & Expenditure · Question 49 of 57

Question 49

MediumOriginal question

Read the two statements and choose the correct option.

I. Salaries paid to soldiers are revenue expenditure.

II. Buying new aircraft for the air force is capital expenditure.

Options for question 49

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Salaries are running costs. I is true.

  2. Aircraft are lasting assets. II is true.

Concept
Defence spending
Typical time
70 s
Your time
—
The rule this testsRevenue and capital expenditure
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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.

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