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    Essentials of Accounting Study Set 2
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
  5. Question
    Fines and Forfeits Are Typically Recognized as Revenue When the Fines
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Fines and Forfeits Are Typically Recognized as Revenue When the Fines

Question 62

Question 62

True/False

Fines and Forfeits are typically recognized as revenue when the fines are levied and or monies forfeited.

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