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    Accounting for Governmental
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    Exam 2: Principles of Accounting and Financial Reporting for State and Local Governments
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    Which of the Following Is Not One of the Seven
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Which of the Following Is Not One of the Seven

Question 48

Question 48

Multiple Choice

Which of the following is not one of the seven elements defined by the GASB concept statements?


A) Deferred inflow of resources.
B) Expenses.
C) Assets.
D) Net position.

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