Multiple choice

Items which are of recurring nature are covered under:

  1. Capital Budget

  2. Revenue Budget

  3. Cash Budget

  4. Unified Budget
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Revenue budgets cover items of recurring nature such as taxes, interest payments, salaries, and maintenance expenses. These are regular, annual expenditures. Capital budgets, in contrast, cover one-time or long-term investments in assets like infrastructure, equipment, and buildings that provide benefits over multiple years.

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