MSB GovNFP Unit 5
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| An interfund transaction occurring between two government funds or between two enterprise funds. | Intra-Activity Transaction
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| Interfund loans or transfers between a governmental fund and an enterprise fund. | Intra-Entity Transaction
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| A transaction where each party receives value essentially equal to the value given. | Exchange Transaction
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| External events in which a government gives or receives value without directly receiving or giving equal value in exchange. | Nonexchange Transaction
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| Fund in which the earnings are expendable for a specified purpose, but the principal amount is not expendable. | Permanent Fund
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| A trust established with the intent to benefit an external individual, organization, or government. | Private-Purpose Trust
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| A trust established with the intent to benefit a public program, function, or the citizenry. | Public-Purpose Trust
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| Loans made by one fund to another. | Interfund Loan
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| Taxes remaining unpaid on or after the date on which a penalty for nonpayment is attached. | Delinquent Taxes
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| The amount of the tax bill sent to the taxpayer without regard for any estimate of uncollectible taxes. | Gross Tax Levy
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| The purchases method is consistent with which basis of accounting. | Modified Accrual
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| Name two derived tax revenues. | Sales Tax and Income Tax
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