a. Distinguish between (1) exchange and (2) nonexchange


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a. Distinguish between (1) exchange and (2) nonexchange transactions. b. Identify and describe the four eligibility requirements for a government to recognize revenue in a nonexchange transaction. c. GASB Statement 33 classifies nonexchange transactions into four categories. List the four categories, give an example of each, and outline asset and revenue recognition criteria for each. kareneans
posted a question ยท Jun 12, 2014 at 12:06am

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