$1.$ If a federal agency provides a service to a state agency on a reimbursable agreement, the federal government will:

A$.$ Recognize the revenue when the agreement is signed

B$.$ Recognize the revenue when the service is provided

C$.$ Recognize the revenue when the state agency pays the fee

$2.$ Various types of accounting events must be recorded in agency accounting records. One such event is called a nonexchange transaction. Which of the following is TRUE?

A$.$ For services, nonexchange transactions are recognized when services are performed

B$.$ A penalty is an example of a nonexchange transaction

C$.$ Rent is an example of a nonexchange transaction

$3.$ Congress passes up to $12$ appropriations bills every year. In the bills, there are in excess of $2,000$ new appropriations. The use of an appropriation to finance an agency$$s operations:

A$.$ Would be considered as nonexchange revenue

B$.$ Would be considered as another financing source

C$.$ Would not be considered in proprietary accounting