Which of the Following Is Not a Classification of Revenues

question 21

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) Federal appropriations.
• C) Investment income.
• D) Private gifts.

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Definitions:

Interest Rates

The cost of borrowing money expressed as a percentage of the loan amount, typically noted on an annual basis.

Business Investment

The allocation of resources by businesses into areas with the expectation of earning future returns, such as buying new equipment or expanding operations.

Consumer Durable Expenditures

Spending by consumers on long-lasting goods (durables) such as cars, appliances, and furniture that are expected to be used for several years.

Abnormal Returns

Returns on a security or portfolio that differ significantly from the expected rate of return, often resulting from specific events.