Solved

Using the Revenue Types Shown Below,match Each of the Revenue

Question 13

Matching

Using the revenue types shown below,match each of the revenue sources to a revenue type.Each revenue type may be used more than once.

Premises:

Responses:

Corporate income tax

Voluntary Nonexchange Transactions

Property tax

Imposed Nonexchange Revenues

Motor fuel tax

Derived Tax Revenues

Cigarette taxes

Government-Mandated Nonexchange Transactions

Donation made to a government entity

Sales taxes

Fines and penalties paid to a government entity

Liquor taxes

Personal income tax

Premises:

Corporate income tax

Property tax

Motor fuel tax

Cigarette taxes

Donation made to a government entity

Sales taxes

Fines and penalties paid to a government entity

Liquor taxes

Personal income tax

Responses:

Voluntary Nonexchange Transactions

Imposed Nonexchange Revenues

Derived Tax Revenues

Government-Mandated Nonexchange Transactions

Correct Answer:

Premises:

Responses:

Corporate income tax

Property tax

Motor fuel tax

Cigarette taxes

Donation made to a government entity

Sales taxes

Fines and penalties paid to a government entity

Liquor taxes

Personal income tax