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As Used in Governmental Accounting, Interperiod Equity Refers to a Concept

Question 32

Multiple Choice

As used in governmental accounting, interperiod equity refers to a concept of


A) providing the same level of services to citizens each year.
B) measuring whether current year revenues are sufficient to pay for current year services.
C) levying property taxes at the same rate each year.
D) requiring that general fund budgets be balanced each year.

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