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Which of the Following Should Not Be Accrued as Expenditures

Question 14

Multiple Choice

Which of the following should not be accrued as expenditures in a governmental fund at year end?


A) Salaries earned by employees but not paid.
B) Repair work performed by contractors, but not completed.
C) Interest incurred on short-term debt, but not yet due.
D) Interest incurred on long-term debt, but not yet due.

Correct Answer:

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