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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
  5. Question
    Expenditures Under Modified Accrual Accounting Are Recognized When Current Fund
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Expenditures Under Modified Accrual Accounting Are Recognized When Current Fund

Question 60

Question 60

True/False

Expenditures under modified accrual accounting are recognized when current fund liabilities are incurred.

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