Government-Mandated Non-exchange Transactions | Becker
Accounting Dictionary
Government-Mandated Non-exchange Transactions
Government-mandated non?exchange transactions are instances in which a higher level of government (a state) provides funds and mandates certain activities by another level of government (a county) such as environmental cleanup, etc. See also derived tax revenues and imposed non-exchange revenues and voluntary non-exchange transactions.
Related Terms:
Derived Tax Revenues [FARBAR]Imposed Non-exchange Revenues [FARBAR]Voluntary Non-exchange Transactions [FARBAR]Back to Dictionary