Question on: SS3 Accounting - Terminologies Used In Public Sector Account
What is revenue in public sector accounting?
View related lesson
A
A legal authority granted by a legislative body to spend money
B
A separate accounting entity that contains money or other resources allocated for a specific purpose
C
The money earned by a government or public organization from its operations
D
The money spent by a government or public organization to fulfil its obligations
Ask EduPadi AI for a detailed answer
Correct Option: C
Add your answer
Please share this, thanks!
No responses