Question

License fee is an example of ______.

Options

• Citizen' revenue

• Administrative revenue

• Tax revenue

• Commercial revenue

Answer 1

License fee is an example of administrative revenue.

Explanation:

A license fee is an example of administrative revenue because it is collected by the government as a fee for providing certain permits, licenses, or legal permissions to individuals or businesses. This revenue is not earned through the sale of goods or services but through the government's regulatory functions.