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Identify the correct statements from the following:
A. Revenue expenditure is any layout that result in a decrease in financial assets or an increase in financial liabilities
B. Capital expenditure is expenditure which results in creation of financial assets or reduction infinancial liabilities C. Capital receipts are receipts which leads to reduction in financial assets or creation of liability
D. Revenue receipts are receipts which lead to decrease in financial assets or increase of financial liability
E. Revenue receipts are receipts which neither lead to reduction in financial assets nor creation of financial liability Choose the correct answer from the options given below:
A. Revenue expenditure is any layout that result in a decrease in financial assets or an increase in financial liabilities
B. Capital expenditure is expenditure which results in creation of financial assets or reduction infinancial liabilities C. Capital receipts are receipts which leads to reduction in financial assets or creation of liability
D. Revenue receipts are receipts which lead to decrease in financial assets or increase of financial liability
E. Revenue receipts are receipts which neither lead to reduction in financial assets nor creation of financial liability Choose the correct answer from the options given below:
- a)A, C, D only
- b)C, D, E only
- c)B, C, E only
- d)A, D, E only
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
Identify the correct statements from the following:A. Revenue expendit...
- Revenue expenditure are the expenditure incurred for the basis other than the creation of physical or financial assets of the central government.
- Capital Expenditure are the expenditure of the government that result in the creation of physical or financial assets, or depletion in financial liabilities.
- Revenue Receipt are those receipt of the government which neither creates any liability nor it creates any reduction in the assets of the government.
- Receipts that either create liabilities or reduce assets of the government are called capital receipts.
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Identify the correct statements from the following:A. Revenue expendit...
Explanation:
Capital Expenditure:
- Capital expenditure results in the creation of financial assets or a reduction in financial liabilities.
- This type of expenditure is usually for long-term investments that will benefit the company over time.
Capital Receipts:
- Capital receipts are receipts that lead to a reduction in financial assets or the creation of a liability.
- These receipts typically involve long-term financing activities that impact the company's financial structure.
Revenue Receipts:
- Revenue receipts are receipts that do not result in a reduction in financial assets or the creation of a financial liability.
- These receipts are usually related to the company's operating activities and are considered as income.
Therefore, the correct statements from the options given are:
- Capital expenditure is expenditure which results in the creation of financial assets or reduction in financial liabilities.
- Capital receipts are receipts which lead to a reduction in financial assets or the creation of a liability.
- Revenue receipts are receipts which neither lead to a reduction in financial assets nor the creation of financial liability.
Capital Expenditure:
- Capital expenditure results in the creation of financial assets or a reduction in financial liabilities.
- This type of expenditure is usually for long-term investments that will benefit the company over time.
Capital Receipts:
- Capital receipts are receipts that lead to a reduction in financial assets or the creation of a liability.
- These receipts typically involve long-term financing activities that impact the company's financial structure.
Revenue Receipts:
- Revenue receipts are receipts that do not result in a reduction in financial assets or the creation of a financial liability.
- These receipts are usually related to the company's operating activities and are considered as income.
Therefore, the correct statements from the options given are:
- Capital expenditure is expenditure which results in the creation of financial assets or reduction in financial liabilities.
- Capital receipts are receipts which lead to a reduction in financial assets or the creation of a liability.
- Revenue receipts are receipts which neither lead to a reduction in financial assets nor the creation of financial liability.
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Identify the correct statements from the following:A. Revenue expenditure is any layout that result in a decrease in financial assets or an increase in financial liabilitiesB. Capital expenditure is expenditure which results in creation of financial assets or reduction infinancial liabilities C. Capital receipts are receipts which leads to reduction in financial assets or creation of liabilityD. Revenue receipts are receipts which lead to decrease in financial assets or increase of financial liabilityE. Revenue receipts are receipts which neither lead to reduction in financial assets nor creation of financial liability Choose the correct answer from the options given below:a)A, C, D onlyb)C, D, E onlyc)B, C, E onlyd)A, D, E onlyCorrect answer is option 'C'. Can you explain this answer?
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Identify the correct statements from the following:A. Revenue expenditure is any layout that result in a decrease in financial assets or an increase in financial liabilitiesB. Capital expenditure is expenditure which results in creation of financial assets or reduction infinancial liabilities C. Capital receipts are receipts which leads to reduction in financial assets or creation of liabilityD. Revenue receipts are receipts which lead to decrease in financial assets or increase of financial liabilityE. Revenue receipts are receipts which neither lead to reduction in financial assets nor creation of financial liability Choose the correct answer from the options given below:a)A, C, D onlyb)C, D, E onlyc)B, C, E onlyd)A, D, E onlyCorrect answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Identify the correct statements from the following:A. Revenue expenditure is any layout that result in a decrease in financial assets or an increase in financial liabilitiesB. Capital expenditure is expenditure which results in creation of financial assets or reduction infinancial liabilities C. Capital receipts are receipts which leads to reduction in financial assets or creation of liabilityD. Revenue receipts are receipts which lead to decrease in financial assets or increase of financial liabilityE. Revenue receipts are receipts which neither lead to reduction in financial assets nor creation of financial liability Choose the correct answer from the options given below:a)A, C, D onlyb)C, D, E onlyc)B, C, E onlyd)A, D, E onlyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify the correct statements from the following:A. Revenue expenditure is any layout that result in a decrease in financial assets or an increase in financial liabilitiesB. Capital expenditure is expenditure which results in creation of financial assets or reduction infinancial liabilities C. Capital receipts are receipts which leads to reduction in financial assets or creation of liabilityD. Revenue receipts are receipts which lead to decrease in financial assets or increase of financial liabilityE. Revenue receipts are receipts which neither lead to reduction in financial assets nor creation of financial liability Choose the correct answer from the options given below:a)A, C, D onlyb)C, D, E onlyc)B, C, E onlyd)A, D, E onlyCorrect answer is option 'C'. Can you explain this answer?.
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ample number of questions to practice Identify the correct statements from the following:A. Revenue expenditure is any layout that result in a decrease in financial assets or an increase in financial liabilitiesB. Capital expenditure is expenditure which results in creation of financial assets or reduction infinancial liabilities C. Capital receipts are receipts which leads to reduction in financial assets or creation of liabilityD. Revenue receipts are receipts which lead to decrease in financial assets or increase of financial liabilityE. Revenue receipts are receipts which neither lead to reduction in financial assets nor creation of financial liability Choose the correct answer from the options given below:a)A, C, D onlyb)C, D, E onlyc)B, C, E onlyd)A, D, E onlyCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
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