Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns [IAS 2006]

Question

TuteeHUB · Accepted Answer

neither fiscal deficit nor revenue deficit

TuteeHUB · Answer

fiscal deficit only

TuteeHUB · Answer

revenue deficit only

TuteeHUB · Answer

both fiscal and revenue deficit

1.	Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns [IAS 2006]
A.	fiscal deficit only
B.	revenue deficit only
C.	both fiscal and revenue deficit
D.	neither fiscal deficit nor revenue deficit
Answer» D. neither fiscal deficit nor revenue deficit

Discussion