A recurrent revenue item collected from the Government's day-to-day activities include the following except<br /> A. a. Transcripts deposit fees <br />B. b. Interest on fixed deposits <br />C. c. Rent of Government property <br />D. d. court fees
Question
A recurrent revenue item collected from the Government's day-to-day activities include the following except<br /> A. a. Transcripts deposit fees <br />B. b. Interest on fixed deposits <br />C. c. Rent of Government property <br />D. d. court fees
Solution
The question is asking which of the following is not a recurrent revenue item collected from the Government's day-to-day activities.
A. Transcripts deposit fees B. Interest on fixed deposits C. Rent of Government property D. Court fees
Recurrent revenue items are those that are regularly or repeatedly collected by the government.
A. Transcripts deposit fees - This could be a recurrent revenue item if the government regularly charges fees for transcripts. B. Interest on fixed deposits - This is a recurrent revenue item as the government regularly earns interest on its fixed deposits. C. Rent of Government property - This is a recurrent revenue item as the government regularly collects rent from its properties. D. Court fees - This is a recurrent revenue item as the government regularly collects court fees.
Therefore, all of the options listed are recurrent revenue items collected from the Government's day-to-day activities. The question seems to have a mistake as all the options are examples of recurrent revenue.
Similar Questions
ash receipts and disbursements related to operations, investments, and financing are reported on the Blank______.Multiple choice question.statement of cash flowsincome statementbalance sheetledger
37.This represents expenditure incurred to earn revenue of the current period. Pick up from the following A. Revenue B. Revenue Expenditure C. Revenue Receipts D. Revenue payments
A -----is a memorandum accounts book used for monitoring Government expenditure and ensuring that there is no extra-budgetary spending Select one: a. Log book b. Treasury book c. Cash book d. Vote book
Name the three categories of a cash flow statement? Give an example of activities to be included in each of them? (6 Marks)
Which section of the Statement of Cash Flows would you look to find cash flows related to Notes Payable?1 pointOperating ActivitiesInvesting ActivitiesNet CashFinancing Activities
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.