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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 8: Government-Wide Statements, Capital Assets, Long-Term Debt
  5. Question
    Government-Wide Statements Are Prepared Using the Accrual Basis; Therefore,governmental Fund-Basis
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Government-Wide Statements Are Prepared Using the Accrual Basis; Therefore,governmental Fund-Basis

Question 126

Question 126

True/False

Government-wide statements are prepared using the accrual basis; therefore,governmental fund-basis statements need to be adjusted from their original modified accrual basis.

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