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Revenue bonds are Question 45 options: rarely exempted from Federal income taxes. backed by user fees from a specified project. backed by the full faith
Revenue bonds are Question 45 options: rarely exempted from Federal income taxes. backed by user fees from a specified project. backed by the full faith and credit of the issuer's taxing authority. less risky than general obligation bonds. usually used to finance the general operations of the issuing authority
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
10th Edition
B010IKDQZM
