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    Accounting for Governmental Study Set 1
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    Exam 12: Budgeting and Performance Measurement
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    Accounting for Federal and Nonfederal Grants and Contracts Requires an Accounting
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Accounting for Federal and Nonfederal Grants and Contracts Requires an Accounting

Question 30

Question 30

True/False

Accounting for federal and nonfederal grants and contracts requires an accounting system that can associate line-item expenses with functional programs with funding sources.

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