What does revenue and expenditureoperations of government refers to?� – InterviewSolution

InterviewSolution

1.	What does revenue and expenditureoperations of government refers to?
Answer» REVENUE Expenditure is that part of government expenditure that does not result in the creation of assets. Payment of salaries, WAGES, pensions, subsidies and interest fall in this category as revenue expenditure EXAMPLES. ALSO, note that revenue EXPENSES are incurred by the government for its operational needs.

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