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  3. Study Set
    Essentials of Accounting Study Set 2
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    Exam 4: Accounting for the General and Special Revenue Funds
  5. Question
    When a Special Revenue Fund Accounts for Grants That Are
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When a Special Revenue Fund Accounts for Grants That Are

Question 64

Question 64

True/False

When a special revenue fund accounts for grants that are awarded on a reimbursement basis,revenues are recognized only after expenditures have been recognized.

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