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Budget Issues: Budgeting Practices in West Germany, France, Sweden, and Great Britain: Afmd-87-8fs

Budget Issues: Budgeting Practices in West Germany, France, Sweden, and Great Britain: Afmd-87-8fs

          
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About the Book

Pursuant to a congressional request, GAO provided information on the budgeting practices of West Germany, France, Sweden, and Great Britain, specifically: (1) whether their budgets are on a cash or accrual accounting basis; (2) whether they have unified budgets or separate capital and noncapital budgets; (3) how they fund capital and noncapital expenditures; and (4) whether they have balanced-budget requirements. GAO found that: (1) all of the countries have a unified, cash-basis budget; (2) although none of the countries has a separate capital budget, they each provide information in their budget documents on capital investment expenditures; (3) income and value-added taxes are the primary funding sources for capital and noncapital investments; (4) none of the countries earmarks funds from a specific source of revenues for capital investments; (5) Sweden, Great Britain, and France are permitted to have a budget deficit; and (6) West Germany is legislatively required to balance its current-year budget, and does so by borrowing to cover the difference between revenues and expenditures.


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Product Details
  • ISBN-13: 9781287181804
  • Publisher: Bibliogov
  • Publisher Imprint: Bibliogov
  • Height: 246 mm
  • No of Pages: 24
  • Series Title: English
  • Sub Title: Budgeting Practices in West Germany, France, Sweden, and Great Britain: Afmd-87-8fs
  • Width: 189 mm
  • ISBN-10: 1287181805
  • Publisher Date: 16 May 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 1 mm
  • Weight: 63 gr


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