Which of the Following Is Not True with Respect to a Transaction

question 145

Multiple Choice

Which of the following is not true with respect to a transaction that is nonexchange in nature?

• A) They are activities where benefits received are in direct proportion to the fees charged for goods or services.
• B) They are activities heavily financed by taxes and other involuntary contributions from people and organizations who do not receive benefits directionally proportional to the contribution.
• C) They are activities undertaken in response to the needs of the public.
• D) They are activities where recipients may pay less than the cost of the goods or service received.

---

Definitions:

Positive Statement

A factual claim about how the world actually works, verifiable by observation or scientific evidence, as opposed to normative statements which involve values and judgements.

Humidity Level

The amount of water vapor present in the air, expressed as a percentage of the amount needed for saturation at the same temperature.

Temperature

A measure of the average kinetic energy of the particles in a substance, indicating how hot or cold the substance is.

Summer Evenings

Describes the period of the day after sunset during the summer months, often characterized by cooler temperatures and leisure activities.