Which of the Following Is Not a Common Revenue Source

question 21

Multiple Choice

Which of the following is not a common revenue source in a governmental fund budget?

• A) Property taxes.
• B) Other financing sources.
• C) Charges for services.
• D) Investment income or interest.

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Definitions:

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing and able to purchase at various prices over a specified period.

Marginal Cost

The amount spent on manufacturing one more unit of a product.

Monopoly

A market structure characterized by a single seller, selling a unique product in the market. In a monopoly, the seller faces no competition, as he is the sole seller of goods with no close substitute.

Economies of Scale

Companies experience a decrease in the average cost of production as they scale up their operations, resulting in cost efficiencies.