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    Business
  3. Study Set
    Accounting for Government and Nonprofit Organizations
  4. Exam
    Exam 2: The Use of Funds in Governmental Accounting
  5. Question
    Property Taxes Are Recognized as Revenues in Governmental Type Funds
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Property Taxes Are Recognized as Revenues in Governmental Type Funds

Question 21

Question 21

True/False

Property taxes are recognized as revenues in governmental type funds to the extent that they are collected in the year for which they are levied.

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