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    Essentials of Accounting Study Set 2
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    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, debt Service, and Permanent
  5. Question
    Governmental Funds Recognize Encumbrances and Expenditures,not Expenses
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Governmental Funds Recognize Encumbrances and Expenditures,not Expenses

Question 16

Question 16

True/False

Governmental funds recognize encumbrances and expenditures,not expenses.

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