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    Advanced Accounting Study Set 3
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    Exam 20: Accounting for State and Local Governmental Units - Governmental Funds
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    When Government Entities Prepare Financial Statements Using Accrual Basis the Focus
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When Government Entities Prepare Financial Statements Using Accrual Basis the Focus

Question 48

Question 48

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When government entities prepare financial statements using accrual basis the focus is on all economic resources to assist in long-term financial and operational accountability.

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