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    Essentials of Accounting Study Set 3
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
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    A Transaction in Which a Government Receives Resources Without Directly
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A Transaction in Which a Government Receives Resources Without Directly

Question 118

Question 118

Multiple Choice

A transaction in which a government receives resources without directly giving equal value in exchange is known as an:


A) Equity Transaction.
B) Fair Exchange.
C) Non-exchange Transaction.
D) Not Fair Market Exchange transaction.

Correct Answer:

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