Question

4.
It is difficult to access the outcome of financial activities of the Government because
(a) Social benefits and costs are subjective in nature
(b) The budgetary activities are not open to scrutiny
(c) Budgets may be surplus or deficit.
(d) All the above​

Answer 1

Answer:

d) All the above is the answer

Answer 2

Concept

A government is the system that governs a state or community. The term government is sometimes used more narrowly in the Commonwealth of Nations to refer to the collective group of people who wield executive authority in a state.

Given

It is difficult to access the outcome of financial activities of the Government because social benefits and costs, budgetary activities and budget may be surplus of deficit.

Find

We have to find out the reason of access the outcome.

Solution

Social benefits and costs are the government given benefits and their cost.

The budgetary activities are the government deficit or surplus to find the benefit to the society.

The budgetary is in deficit if the government expenditure is more than government taxes and the surplus if the government taxes is more than government expenditure.

Hence, the correct option is (d) All of the above.