Which of the Following Is Not a Classification of Revenues

question 27

Multiple Choice

Which of the following is not a classification of revenues for a college or university as recommended by the National Association of College and University Business Officers (NACUBO) ?

• A) Sporting events.
• B) State appropriations.
• C) Investment income.
• D) Contributions.

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Definitions:

Raw Materials

Basic materials from which products are made, typically unprocessed or only minimally processed states of resources used in production.

Component Parts

Individual pieces or elements that are assembled to form a finished product.

Production Goods

Products and materials that are used in the manufacturing process to produce the final goods for consumption or sale.

Accessory Equipment

Supplementary components or items that enhance or complete the functionality of a main product or system.