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    Advanced Accounting Study Set 8
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    Exam 16: Accounting for State and Local Governments
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    For Governmental Entities, the Accrual Basis of Accounting Is Used
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For Governmental Entities, the Accrual Basis of Accounting Is Used

Question 62

Question 62

Multiple Choice

For governmental entities, the accrual basis of accounting is used for:


A) Special revenue funds.
B) Internal service funds.
C) Debt service funds.
D) General Fund.
E) Capital Projects Fund.

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