Which of the Following Statements Relating to Non-Exchange Transactions Is

question 46

Multiple Choice

Which of the following statements relating to non-exchange transactions is FALSE?

• A)Many of the revenues of government are confiscatory by nature.
• B)Governments have the right to tax and do not directly exchange or give up economic resources when they levy taxes, or impose fines and penalties.
• C)Rates or charges associated with the services that public sector entities offer are set to maximize the return to shareholders.
• D)A public sector entity may be granted the authority to collect fees when granting a non-exclusive right or privilege such as a driver's license.

---

Definitions:

Private Employer

An individual or company operating in the private sector that hires employees for the purpose of conducting business.

Family and Medical Leave Act

A U.S. law that provides employees with up to 12 weeks of unpaid, job-protected leave per year for family and medical reasons.

Work Site

A location where professional duties or labor activities are carried out, ranging from office buildings to construction sites.

Landrum-Griffin Act

Also known as the Labor-Management Reporting and Disclosure Act of 1959, it is United States labor law that regulates labor unions' internal affairs and their officials' relationships with employers.