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Question 22(i want only text answer and brief explanation) Government-wide financial statements make a distinction between program revenues and general revenues How is that difference
Question 22(i want only text answer and brief explanation) Government-wide financial statements make a distinction between program revenues and general revenues How is that difference shown? Choose the correct a. Program revenues are offset against the expenses of a specific function; general revenues are assigned to governmental activities and business-type activities in general. b. General revenues are shown at the top of the statement of revenues and expenditures; program revenues are shown at the bottom. c. General revenues are labeled as operating revenues, program revenues are shown as miscellaneous income. d. General revenues are broken down by type; program revenues are reported as a single figure for the government
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