Which of the following types of revenue would always be reported as a general revenue in the government-wide financial statements?

Question

Quizplus · Accepted Answer

Property taxes are always reported as general revenues in the government-wide financial statements. This is because property taxes are not restricted to a specific program or purpose and contribute to the government's overall revenue. The other options (interest earned on a capital grant, charges for services, and operating grant) may be reported as either general revenues or program revenues depending on the circumstances.

Which of the Following Types of Revenue Would Always Be