Question
Which of the following details can be obtained by Annual financial statement?
- Government forecasts of receipts and payments for the next year
- An outline of the results of the last financial year compared with the previous budget estimates
- Proposed changes in taxes and expenditure allocations
Answer: Option D
Answer: (d)Annual financial statement gives various information for the current, last and next year
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Answer: (d)Annual financial statement gives various information for the current, last and next year
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