Question : Revenue budget includes
Option 1: Revenue receipts
Option 2: Revenue expenditure
Option 3: Both A and B
Option 4: Neither A nor B
Answer (1)
18th Jan, 2024
Correct Answer:
Both A and B
Solution :
Revenue budget includes revenue receipts and revenue expenditure. Revenue budget is the statement of estimated revenue receipts and estimated revenue expenditure during the fiscal year.
Hence, Option C is correct.
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