State reimbursement to schools for a portion of any special education costs incurred is an example of which category of nonexchange transactions?
A. Derived tax revenue.
B. Imposed tax revenue.
C. Government mandated nonexchange revenue.
D. Voluntary nonexchange revenue.
Question 2
The amount of the beginning merchandise inventory appears in the Balance Sheet Credit column of the work sheet.
a. True
b. False
Indicate whether the statement is true or false