Which of the Following Is Not a Program Revenues Classification

question 21

Multiple Choice

Which of the following is not a program revenues classification used in the governmental activities journal and reported in the government-wide statement of activities?

• A) User fees.
• B) Operating grants and contributions.
• C) Charges for services.
• D) Capital grants and contributions.

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Definitions:

Quantity Demanded

In economics, the total amount of a good or service that consumers are willing and able to purchase at a given price.

Income

The financial gain received by an individual or household, usually derived from work, investments, or other sources, over a period.

Own Price Elasticity

The responsiveness of the quantity demanded of a good to a change in its own price, holding other factors constant.

Delicacy Market

A sector of the food industry focused on selling rare, expensive, or gourmet items considered highly desirable.