Sources and Classifications of Government Revenue

Questions and Answers

Match the following with their corresponding revenue sources before the 1989 budget:

Head 1 = Indirect Taxes Head 2 = Direct Taxes Head 6 = Direct Allocation Head 10 = Fees

Match the following with their corresponding revenue sources after the 1989 Budget but before the 1994 fiscal year modification:

Federation Account Revenue Heads = Group a Value-Added Tax (VAT) = Group b Federal Government Account Revenue Heads = Group c

Match the following with their corresponding revenue sources after the 1994 fiscal year modification:

Federation Account Revenue Heads = Group a Value-Added Tax (VAT) = Group b Federal Government Account Revenue Heads = Group c

Match the following with their corresponding revenue sources before the 1989 budget:

Head 8 = Licences and Land Revenue Head 12 = Rent of Government Property Head 14 = Interests and Repayments (State Government) Head 16 = Armed Forces Signup and view all the answers

Match the following with their corresponding revenue sources before the 1989 budget:

Head 3 = Mining Head 7 = Direct Taxes (PAYE) Head 9 = Mining (Solid Minerals) Head 15 = Reimbursements Signup and view all the answers

Match the following with their corresponding revenue sources after the 1989 Budget but before the 1994 fiscal year modification:

Head 11 = Earnings and Sales Head 13 = Interests and Repayments (General) Head 17 = Miscellaneous Value-Added Tax (VAT) = Signup and view all the answers

What was the classification of Federal Government revenue sources prior to the 1989 budget?

Indirect Taxes, Direct Taxes, Mining, Direct Allocation, and more Signup and view all the answers

What major change occurred in the classification of Federal Government revenue sources in the 1989 Budget?

The revenue sources were reclassified into Federation Account and Federal Government Account Revenue Heads Signup and view all the answers

What was one of the specific revenue heads under the Federal Government's revenue sources prior to the 1989 budget?

Direct Taxes (PAYE) Signup and view all the answers

Which type of revenue source was introduced after the 1994 fiscal year modification?

Value-Added Tax (VAT) Signup and view all the answers

What was the purpose of modifying the classification of Federal Government revenue sources in 1994?

To simplify and streamline the tracking of revenue Signup and view all the answers

Which revenue head was part of the Federal Government's revenue sources after the 1989 Budget but before the 1994 fiscal year modification?

Licences and Land Revenue Signup and view all the answers

Sources and Classifications of Government Revenue

Questions and Answers

Match the following with their corresponding revenue sources before the 1989 budget:

Match the following with their corresponding revenue sources after the 1989 Budget but before the 1994 fiscal year modification:

Match the following with their corresponding revenue sources after the 1994 fiscal year modification:

Match the following with their corresponding revenue sources before the 1989 budget:

Match the following with their corresponding revenue sources before the 1989 budget:

Match the following with their corresponding revenue sources after the 1989 Budget but before the 1994 fiscal year modification:

What was the classification of Federal Government revenue sources prior to the 1989 budget?

What major change occurred in the classification of Federal Government revenue sources in the 1989 Budget?

What was one of the specific revenue heads under the Federal Government's revenue sources prior to the 1989 budget?

Which type of revenue source was introduced after the 1994 fiscal year modification?

What was the purpose of modifying the classification of Federal Government revenue sources in 1994?

Which revenue head was part of the Federal Government's revenue sources after the 1989 Budget but before the 1994 fiscal year modification?

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