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    Accounting for Governmental
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    Exam 6: Accounting for General Long-Term Liabilities and Debt Service
  5. Question
    Debt Limit Is a Term Used to Denote the Total
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Debt Limit Is a Term Used to Denote the Total

Question 48

Question 48

True/False

Debt limit is a term used to denote the total amount of indebtedness of specified kinds that is allowed by law to be outstanding at any one time.

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