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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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    Assume a Government Makes a Change of Assumption That Results
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Assume a Government Makes a Change of Assumption That Results

Question 8

Question 8

True/False

Assume a government makes a change of assumption that results in an increase in its estimate of the net pension liability. The resulting change in the net pension liability will be recorded as pension expense in the period of the change.

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