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

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.