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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 2: Principles of Accounting and Financial Reporting for State and Local Governments
  5. Question
    Because Budgetary Accounts Are Used by Governments, Government Financial Statements
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Because Budgetary Accounts Are Used by Governments, Government Financial Statements

Question 49

Question 49

True/False

Because budgetary accounts are used by governments, government financial statements can never be said to be in accord with generally accepted accounting principles.

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