Multiple Choice
During 2014, a state has the following cash collections related to state income taxes 
Assuming that the state defines "available" as the maximum period allowable for property taxes, what is the amount of revenue that will be recognized in the 2014 governmental fund financial statements related to state income taxes?
A) $400.
B) $405.
C) $430.
D) $465.
Correct Answer:
Verified
Correct Answer:
Verified
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