answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the basic axiom of fiscal law for the expenditure of public funds?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the kinds of axioms?

An Axiom is a mathematical statement that is assumed to be true. There are five basic axioms of algebra. The axioms are the reflexive axiom, symmetric axiom, transitive axiom, additive axiom and multiplicative axiom.


What is a principle of basic financial management?

The basic principle is this. Income exceeds expenditure = PROFIT Expenditure exceeds income = LOSS No profit or loss = BREAK-EVEN


What do you mean by quantisation of charge?

The principle that the electric charge of an object must be part of a divisible basic axiom.


What is a word for basic truth?

A basic truth is defined as "something that explains or controls how something happens or works". Synonyms for the concept of "basic truth" are principle, certainty, nature, actualization, precept.


What is basal metabolism the minimal 24 hour energy expenditure for?

basic body functions


Matching concepts of depreciation?

basic matching concept of account is that all expenses of same fiscal years should be matched with revenues of that fiscal year and depreciation is also charged for that portion of asset which is used in specific fiscal year.


By what basic principle do all diets work?

Energy intake < energy expenditure = weight loss.


What has the author Rogers Dhliwayo written?

Rogers Dhliwayo has written: 'The impact of public expenditure management under ESAP on basic social services' -- subject(s): Appropriations and expenditures, Economic Structural Adjustment Program (Zimbabwe), Education, Finance, Finance, Public, Human services, Public Finance, Public health 'The balance of payments as a monetary phenomenon' -- subject(s): Balance of payments


What type of government spending is often the result of fiscal policy?

All government spending is ultimately the result of fiscal policy. Fiscal policy is another way of saying "how government spends money it raises through taxation to influence the economy". A government that believes it should not play a large part in driving economic demand through spending (a 'tight' fiscal policy) would typically raise and spend less than a government pursuing a 'loose' fiscal policy. If you count basic state expenditure on social security and healthcare as being non-negotiable then you might typically see a government engaged in discretionary spending such as large infrastructure projects as a result of fiscal policy (i.e. to directly employ the unemployed as workers and boost the economy). These kinds of discretionary spending most often result from fiscal policy. You may also want to explore the related links.


What is the best usage that companies make with capital expenditure?

The best use of capital expenditure really depends on the type of business the company is in. However the basic form of capital expenditure are quite uniform at the inception stages, which include company headquarter location, sales offices and finance support.


What does axiom means?

An axiom is a basic mathematical truth used in proofs, outlined initially by Euclid. Axioms are self-evident and do not need to be proven, they can be combined and used logically to prove more complex mathematical concepts, especially in geometry. Example: "The shortest distance between two points is a straight line."


What are the tools of fiscal federalism?

The basic tool in fiscal federalism is (Points : 1)the federal government's power of the purse. the federal government's ability to raise armies. the federal government's ability to sue states. the Interstate Commerce Clause.