What is No exchange revenue. Explain.
Answer: No exchange revenue- As the name suggests, no exchange revenue means, the transaction takes place only one side and not both the side. Payee receives the funds from the payer but payee is not responsible or required to deliver the goods or service in return. It is one sided transaction of revenue. Non exchange transactions are done by Non-profit organization or NGOs and Government agencies. People and companies give charity and donation but in return, do not take anything. These transactions can be voluntary.
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