MCQ
Assertion (A): The Expenditure method is called outlay method.
Reason (R): This method is used only private sector.
  • A
    Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
  • B
    Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
  • ‘A’ is true but ‘R’ is false
  • D
    ‘A’ is false but ‘R’ is true

Answer

Correct option: C.
‘A’ is true but ‘R’ is false
‘A’ is true but ‘R’ is false

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