Which of the Following Statements Most Accurately Describes the EU

Multiple Choice

Which of the following statements most accurately describes the EU budget?

A) It is not based on a need for revenue and expenses matching, primarily funded by EU member contributions and value added tax.
B) It is based on a principle of revenue and expenses matching, primarily funded by EU wide taxation.
C) It is based on a principle of revenue and expenses matching, exclusively funded by EU member contribution.
D) It is based on a principle of revenue and expenses matching, primarily funded by EU member contributions and value added tax.