Question

The expenditure on preventive medicine like awareness campaign against dengue, malaria is an example of _______________________________________ . (Fill in the blank with correct alternative) (a) Revenue nature income (b) Capital nature income (c) Revenue nature expenditure (d) Capital nature expenditure​

Answer 1

Answer:

Answer is a option C

Explanation:

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Answer 2

The expenditure on preventive medicine like awareness campaign against dengue, malaria is an example of revenue nature expenditure.

• Revenue expenditures are government costs that don't result in the construction of fixed assets.
• The government spends money on a variety of ministries and departments in addition to paying loan interest, salaries and pensions, subsidies, and other accounting categories.
• Despite the possibility that they will be utilised to create fixed assets, grants given to state governments and other organisations are also regarded as revenue expenditures.
• Revenue expenditures, also known as revenue expenses and operational expenditures, are transient costs (OPEX). Since it documents the costs incurred in relation to a fixed asset, revenue expenditure is frequently used in discussions of fixed assets. For instance, if you own a piece of equipment that needs maintenance on a monthly basis, the cost would go under revenue expenditure.

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