In public sector accounting, government revenues are categorized into specific classes based on their origin and economic purpose. Match each government revenue item on the left with its correct revenue classification on the right.
- Mining royalties from crude oil explorationOil Recurrent Revenue
- Court fines and driver license renewal feesNon-Tax Recurrent Revenue
- Drawdown of external loan from the African Development BankCapital Receipts
- Companies Income Tax (CIT) collected by the revenue serviceDirect Tax Recurrent Revenue
Cevap
Mining royalties pair with Oil Recurrent Revenue; Court fines and license fees pair with Non-Tax Recurrent Revenue; External loan drawdowns pair with Capital Receipts; Companies Income Tax pairs with Direct Tax Recurrent Revenue.
Each government revenue item is accurately matched according to standard public sector accounting definitions: petroleum royalties represent oil recurrent revenue; administrative fines and user fees represent non-tax recurrent revenue; borrowing from international institutions represents capital receipts; and corporate profit taxes represent direct tax recurrent revenue.
Adım Adım Çözüm
Anahtar Kavram
Classification of Public Sector Revenue