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    Essentials of Accounting Study Set 3
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
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    Which of the Following Results in an Expenditure
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Which of the Following Results in an Expenditure

Question 52

Question 52

Multiple Choice

Which of the following results in an expenditure?


A) Place a purchase order.
B) Receive goods previously ordered.
C) Receive an invoice on goods previously received.
D) Payment of an invoice previously received.

Correct Answer:

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