Whose Budget Speech Includes the Revenue Budget

question 7

Multiple Choice

Whose budget speech includes the revenue budget?

• A)prime minister
• B)finance minister
• C)auditor-general
• D)governor-general

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Definitions:

Accumulated Depreciation

The total depreciation for a fixed asset that has been charged to expense since that asset was acquired and put into use.

Disposed

Refers to the act of selling, throwing away, or giving away property, or the dealing with something that is no longer useful or required.

Gain

Refers to the increase in wealth or resources, typically measured in financial terms and often realized through investment or sale of assets.

Plant Asset

Long-term tangible assets used in the production of goods or services, including machinery, buildings, and equipment.