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  3. Study Set
    Essentials of Accounting
  4. Exam
    Exam 8: Government-Wide Statements: Capital Assets; Long-Term Debt
  5. Question
    Which of the Following Would Be Considered a Program Revenue
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Which of the Following Would Be Considered a Program Revenue

Question 6

Question 6

Multiple Choice

Which of the following would be considered a program revenue in the Statement of Activities of a local government?


A) A grant from the state to construct utility plant.
B) A motor fuel tax, restricted for road repairs.
C) Both of the above.
D) Neither of the above.

Correct Answer:

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