Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik

تمرين 61

The City of Danmark is preparing financial statements. Officials are currently working on the statement of activities within the government-wide financial statements. A question has arisen as to whether a particular revenue should be identified on government-wide statements as a program revenue or a general revenue.
Required
Locate a copy (either in hard copy or online) of GASB's Codification of Governmental Accounting and Reporting Standards. Either through an online search or a review of the index, answer each of the following questions.
1. How is a program revenue defined
2. What are common examples of program revenues
3. How is a general revenue defined
4. What are common examples of general revenues