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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
    Fines and Forfeits Are Typically Recognized
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Fines and Forfeits Are Typically Recognized

Question 84

Question 84

Multiple Choice

Fines and Forfeits are typically recognized:


A) When cash is deposited.
B) When cash is received.
C) When the transaction is finalized.
D) None of the above.

Correct Answer:

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