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    Essentials of Accounting Study Set 3
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    Exam 9: Advanced Topics for State and Local Governments
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    Under Governmental Accounting Principles for Capital and Operating ; Expenditures
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Under Governmental Accounting Principles for Capital and Operating ; Expenditures

Question 41

Question 41

True/False

Under governmental accounting principles for capital and operating ; expenditures are recorded each period for the amount of the annual lease payment for all , but the expenditures are classified differently for capital and operating .

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