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  3. Study Set
    Essentials of Accounting Study Set 3
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
  5. Question
    Budgetary Accounts Begin Each Year with a Zero Balance and Are
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Budgetary Accounts Begin Each Year with a Zero Balance and Are

Question 98

Question 98

True/False

Budgetary accounts begin each year with a zero balance and are closed at the end of each year.

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