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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 4: Accounting for Governmental Operating Activities–Illustrative Transactions and Financial Statements
  5. Question
    Identify the Four Types of Nonexchange Transactions and Discuss the Rules
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Identify the Four Types of Nonexchange Transactions and Discuss the Rules

Question 20

Question 20

Essay

Identify the four types of nonexchange transactions and discuss the rules for recognition of revenues and expenses/expenditures for each type of transaction.

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