Question

The distinction between an Ordinary Budget and an Emergency Budget is based on:

Options

• Normal or emergency conditions

• The level of government

• Contribution to economic development

• The nature of receipts and expenditure

Answer 1

Budgets are classified as Ordinary Budget or Emergency Budget depending on whether they are framed under normal or emergency conditions. This classification is separate from those based on the level of government or the nature of receipts and expenditure.