''Below the line'' item in public s...
''Below the line'' item in public sector accounting means such an item is.........
Not budgeted for in the current fiscal year
Less than what is budgeted for
Budgeted for in the current fiscal year
To be carried forward to the next fiscal year
Correct answer is A
In public sector accounting, an item categorized as ''below the line'' is an income or expense in accounting which have no noticeable effect on company profits in the current period.
It means the item does not affect the profit or loss from normal operations for that accounting period.
Use the following information to answer the given question \(\begin{array}{c|c} & \text{1/1/86} ...
In analyzing incomplete records, which of the following should be investigated? ...
Given: Drawings - #3,500 Net loss - #2,500 Capital 1/1/2007 - #35,000 Additional capital - #10...
In the head office ledger, the value of goods sent to the branch are____________ ...
When a transaction is completely left out from the books, it is an error of ...
Which of the following is not an instrument for controlling public expenditure? ...