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  2. Topic
    Business
  3. Study Set
    Essentials of Accounting
  4. Exam
    Exam 1: Introduction to Accounting and Financial Reporting for Governmental and Not-For-Profit Organizations
  5. Question
    Under GASB Statement 34,accrual Accounting Is Used For
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Under GASB Statement 34,accrual Accounting Is Used For

Question 1

Question 1

Multiple Choice

Under GASB Statement 34,accrual accounting is used for:


A) government-wide financial statements only.
B) government-wide financial statements and proprietary fund financial statements only.
C) government-wide, proprietary fund, and fiduciary fund financial statements only.
D) government-wide and all fund financial statements

Correct Answer:

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