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Under the Modified Accrual Basis of Accounting Used by the General

Question 73

Multiple Choice

Under the modified accrual basis of accounting used by the General Fund,financial resources are considered available if they will be received in the current period or within


A) 60 days after year-end.
B) 90 days after year-end.
C) One year.
D) The time after year-end defined by each individual government.

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