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Question
______ is an example of commercial revenues.
Options
Fees
Special assessment
Railways fares/freights
Gifts and grants
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Solution
Railways fares/freights is an example of commercial revenues.
Explanation:
Railways fares/freights are examples of commercial revenues, as they are charges collected by the government or government-owned entities for providing services.
RELATED QUESTIONS
Which of the following is an advantage of direct taxes?
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