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Under the Modified Accrual Basis, Revenues Are Considered Susceptible to Accrual

Question 36

Multiple Choice

Under the modified accrual basis, revenues are considered susceptible to accrual if


A) Available to finance current period expenditures.
B) Objectively measurable.
C) Collected during the current period.
D) Both available to finance current period expenditures and objectively measurable.

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