When Expenditure Exceeds The Total Revenue It Is Called? Revenue deficit is that which occurs when the government’s total revenue expenditure exceeds its total revenue receipts. When total expenditure is more than total revenue in budget is called? The excess of total expenditure over total receipts excluding borrowings is called Fiscal Deficit. In other words,
When Expenditure Is Greater Than Revenue The Budget Means? When the revenue is more than the expenditure it is called as surplus budget whereas when the expenditure is more than the revenue it is called as deficit budget. Hence, when government expenditure is greater than receipts to the government it is called deficit budgeting. When
What Are The Different Types Of Revenue Expenditure? Salaries and employee wages. Any overhead expense, such as salaries for the corporate office, which typically fall under selling, general, and administrative expenses (SG&A) Research and development (R&D) Utilities and Rent. Business travel. Property taxes. What is revenue expenditure and its types? Revenue Expenditure is that part