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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 8: Accounting for Fiduciary Activities—Custodial and Trust Funds
  5. Question
    According to the GASB, Control of an Asset Means the Government
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According to the GASB, Control of an Asset Means the Government

Question 37

Question 37

True/False

According to the GASB, control of an asset means the government must have the asset in its possession.

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