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B) Income security

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Q: Which expenditures was greater than the expenditure on health?
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What two actions could you take if your expenditures were consistently greater than your income?

1). Reduce your rate of expenditure. 2). Increase your rate of income.


What capital expenditure mean?

Capital expenditures are those expenditures which will provide benefits to the business for more than one fiscal year.


What is the resulting figure when income is greater than expenditures?

Savings.


What is capital expenditure and recurrent expenditure?

1. Capital expenditures are those expenditures the benefit of which are taken by company for more than one fiscal year and are non recurrent nature while recurrent or revenue expenditures are those expenditures which are recurring nature and have to be made many time during single fiscal year and benefits of those is also taken only for one fiscal year.


If aggregate planned expenditures are greater than total production?

GDP will decrease


What is different between capital and revenue expenditure?

Revenue expenditures are those expenditures which are incurred more than once in a fiscal year and benefits are for only one fiscal year while capital expenditures are those expenditure the benefits of which are taken by company for more than one fiscal years.


Capital and revenue expenditure?

Capital expenditure includes costs incurred on the acquisition of a fixed asset and any subsequent expenditure that increases the earning capacity of an existing fixed asset. Where as, Revenue expenditure incurred on fixed assets include costs that are aimed at 'maintaining' rather than enhancing the earning capacity of the assets. These are costs that are incurred on a regular basis and the benefit from these costs is obtained over a relatively short period of time.


Distinguish between capital and revenue expenditure?

Capital expenditure refers to an expense resulting in acquisition of an asset or increase in the earning capacity of a business. Revenue expenditure is defined as an expense that is essential for the maintenance of earning capacity of a business.


How did health care expenditures rise in the 1980's?

Indeed, U.S. expenditures on health care jumped from 6 percent to more than 15 percent of the gross domestic product (GDP).


What are the main head of govt expenditure and govt revenue if the expenditure of the govt is more than income of the govt from where the govt bear the expenditure?

the main heads of govt expenditures are DEFENCE sector, railways, imports, education, hospitals, infrasructures. the revenues earn from exports,taxes,return on facilities.


Why company treat expenditure as asset?

Expenditures are those amounts the benefit of which is to be taken by business for more than one fiscal year that's why shown as an asset.


To what does the grouping term finance refer?

The term finance refers to the amount of expenditure versus income a individual or a company has. A company usually hires a professional to look into the finance accounts and to make sure that the income is greater than expenditures, for otherwise the company would be making a loss.