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  3. Study Set
    Advanced Accounting Concepts and Practice
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    Exam 24: Governmental Accounting: Basic Principles and the General Fund
  5. Question
    Under the Consumption Method of Accounting for Supplies Inventories, Expenditures
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Under the Consumption Method of Accounting for Supplies Inventories, Expenditures

Question 126

Question 126

True/False

Under the consumption method of accounting for supplies inventories, expenditures are charged as supplies are used.

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