Solved

Using the Revenue Types Shown Below,match Each of the Revenue

Question 40

Matching

Using the revenue types shown below,match each of the revenue sources to a revenue type.Each revenue type may be used more than once.

Premises:
Corporate income tax
Property tax
Motor fuel tax
Cigarette taxes
Donation made to a government entity
Sales taxes
Fines and penalties paid to a government entity
Liquor taxes
Personal income tax
Responses:
Voluntary Nonexchange Transactions
Imposed Nonexchange Revenues
Derived Tax Revenues
Government-Mandated Nonexchange Transactions

Correct Answer:

Corporate income tax
Property tax
Motor fuel tax
Cigarette taxes
Donation made to a government entity
Sales taxes
Fines and penalties paid to a government entity
Liquor taxes
Personal income tax
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