Question
The general fund of the Village of Roscoe budgets revenues from many sofurces, two of which are: Amusement taxa tax added to the cost of
- The general fund of the Village of Roscoe budgets revenues from many sofurces, two of
which are:
- Amusement taxa tax added to the cost of tickets to professional sporting events.
- Vehicle stickersall citizens of the village who own cars or trucks must purchase this sticker and display it in the windshield.
Which class of nonexchange revenues does each belong to?
Vehicle sticker Amusement tax
A. Derived revenue Imposed revenue
B. Imposed revenue Derived revenue
C. Derived revenue Derived revenue
D. Imposed revenue Imposed revenue
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
2nd edition
978-0077403485, 77403487, 73527130, 978-0073527130
