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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 13: Revenue and Expense Recognition: Additional Concepts
  5. Question
    Which of the Following Transactions May NOT Give Rise to Revenues
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Which of the Following Transactions May NOT Give Rise to Revenues

Question 25

Question 25

Multiple Choice

Which of the following transactions may NOT give rise to revenues?


A) receiving government grants
B) disposing of assets for book value
C) forgiveness of liabilities
D) cash received for services provided.

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