Which of the Following Is Not a Category of Program

question 47

Multiple Choice

Which of the following is not a category of program revenue reported on the statement of activities at the government-wide level?

• A) General program revenues.
• B) Charges for services.
• C) Operating grants and contributions.
• D) Capital grants and contributions.

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Definitions:

Wages And Salaries

The compensation, including regular payments and benefits, paid to employees for their work or services.

Administrative Expenses

Overhead or general expenses related to the day-to-day running of a business, which do not directly tie to producing goods or services.

Total Expenses

The sum of all costs and expenses incurred by a business during a specific period, including operating and non-operating costs.

Planning Budget

A budget prepared for a specific level of activity, detailing the expected revenues and expenses to guide financial planning.