Non-Revenue Receipts are increases to assets which do not incur a liability or represent exchanges of property for cash.

Question

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Non-Revenue Receipts typically refer to inflows of resources to a government or organization that are not from its primary revenue-generating activities, such as grants, donations, or transfers, rather than increases to assets without incurring liabilities or exchanges of property for cash, which more accurately describes other forms of income or capital receipts.

Non-Revenue Receipts Are Increases to Assets Which Do Not Incur