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    Business
  3. Study Set
    Accounting for Government and Nonprofit Organizations
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    Exam 7: Proprietary Type Fundsenterprise and Internal Service Funds
  5. Question
    Both the FASB and the GASB, Respectively, Require Companies and Governments
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Both the FASB and the GASB, Respectively, Require Companies and Governments

Question 12

Question 12

True/False

Both the FASB and the GASB, respectively, require companies and governments to record some form of a net pension or other postemployment benefit (OPEB) liability on the face of the entity's financial statements.

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