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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 4: Accounting for Governmental Operating Activitiesillustrative Transactions and Financial Statements
  5. Question
    An Interim Schedule Comparing the Detailed Budgeted Revenues with Actual
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An Interim Schedule Comparing the Detailed Budgeted Revenues with Actual

Question 71

Question 71

True/False

An interim schedule comparing the detailed budgeted revenues with actual revenues should be prepared on an appropriate periodic basis to determine whether budgeted revenues are being realized as expected so that timely corrective action can be taken if necessary.

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