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    Business
  3. Study Set
    Government and Not for Profit Accounting Study Set 1
  4. Exam
    Exam 5: Recognizing Expenditures in Governmental Funds
  5. Question
    In a Governmental Fund, Expenditures for Wages and Salaries Should
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In a Governmental Fund, Expenditures for Wages and Salaries Should

Question 3

Question 3

True/False

In a governmental fund, expenditures for wages and salaries should be recognized in the period in which the employees earn them.

Correct Answer:

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