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    Government and Not for Profit Accounting Study Set 2
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    Exam 3: Issues of Budgeting and Control
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    Which of the Following Bases of Accounting Has Been Established
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Which of the Following Bases of Accounting Has Been Established

Question 44

Question 44

Multiple Choice

Which of the following bases of accounting has been established by GASB for use in the preparation of the general fund budget?


A) Cash basis.
B) Modified accrual basis.
C) Accrual basis.
D) None of the above.

Correct Answer:

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