Explain the difference between a program revenue and a general revenue. Why does the GASB require this

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Explain the difference between a program revenue and a general revenue. Why does the GASB require this distinction?

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-1259917059

18th edition

Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely

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Question Posted: Nov 10, 2018 04:49 AM

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Explain the difference between a program revenue and a general revenue. Why does the GASB require this

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Program revenue is tied to a specific function or program of government Generally the program or fun...View the full answer

Accounting for Governmental and Nonprofit Entities

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