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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 2: Principles of Accounting and Financial Reporting for State and Local Governments
  5. Question
    Economic Resources Are Cash or Items Expected to Be Converted
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Economic Resources Are Cash or Items Expected to Be Converted

Question 53

Question 53

True/False

Economic resources are cash or items expected to be converted into cash during the current period, or soon enough thereafter to pay current period liabilities.

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