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  3. Study Set
    Government and Not for Profit Accounting Study Set 2
  4. Exam
    Exam 5: Recognizing Expenditures in Governmental Funds
  5. Question
    Expenditures Are Generally Recognized When Resources Are Acquired; Expenses When
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Expenditures Are Generally Recognized When Resources Are Acquired; Expenses When

Question 48

Question 48

True/False

Expenditures are generally recognized when resources are acquired; expenses when resources are consumed.

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