Examlex
Which of the following might cause a materials variance?
Transfer Payments
Payments made by the government to individuals, without the government receiving any goods or services in return, such as welfare payments and social security benefits.
Exhaustive
Thorough and comprehensive in approach or scope.
Deficit Spending
The practice of a government spending more money than it receives in revenue, typically funded through borrowing.
Borrowed Funds
Money obtained from external sources, such as banks or financial institutions, to be repaid over time with interest.
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