Difference between revisions of "Collections"

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[[category:government Finance]]
 
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[[Category:Budget terms]]

Revision as of 18:54, October 7, 2008

In general, amounts collected by the government are classified in two major categories: (1) governmental receipts, and (2) offsetting collections. Collections usually are in the form of cash; however, collections also are recorded when cash-equivalents are used to pay the government.