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What are the four categories of nonexchange revenues? Provide an example of each and explain when revenues are normally recognized Part 2 The Statement of

What are the four categories of nonexchange revenues? Provide an example of each and explain when revenues are normally recognized

Part 2

The Statement of Revenues, Expenditures and Other Changes in Fund balance is the operating statement for the fund-based financial statements. Discuss what is included in each section and provide examples ( explain the different types of revenue, expenditures and other changes in fund balance.

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