Public Expenditure Meaning & Nature
by Public expenditure refers to government spending on various goods and services, such as education, healthcare, …
Tag: Design Thinking Notes
Wagner’s views on increasing State activities, Wiseman-peacock hypothesis
Wagner’s law, named after the German economist Adolph Wagner, states that as the level of …
Budgeting, Techniques of Budgeting (ZBB, PBB)
Budgeting is the process of creating a financial plan that outlines expected revenues and expenditures …
Important differences between Public goods and Private goods
Public Goods Public goods are goods or services that are non-excludable and non-rivalrous in nature. …
Introduction, Meaning & Scope of Public Finance
Public finance is the study of the role of government in the economy. It involves …
Principle of Maximum Social Advantage
Maximum Social Advantage is a concept in economics that refers to the idea of achieving …
Public Budget
A public budget is a financial plan that outlines the expected revenues and expenditures of …
Concept of Winding up of Companies
Winding up of a company refers to the process of closing down a company’s operations …
Preparation of Deficiency Account
A Deficiency Account is a statement that shows the amount of loss incurred by a …
Preparation of Liquidator’s Final Statement of Account
The Liquidator’s Final Statement of Account is prepared by the liquidator of a company during …