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  2. Topic
    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
    Revenues for Governmental Funds Should Be Recognized When Measurable and Available
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Revenues for Governmental Funds Should Be Recognized When Measurable and Available

Question 86

Question 86

True/False

Revenues for governmental funds should be recognized when measurable and available for expenditure in the current period.

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