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    Essentials of Accounting Study Set 3
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    Exam 7: Fiduciary Funds, Interfund Transactions
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    If a Derivative Is Effective in Reducing a Government's Exposure
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If a Derivative Is Effective in Reducing a Government's Exposure

Question 62

Question 62

True/False

If a derivative is effective in reducing a government's exposure to identifiable risks, the changes in the value of the derivative are reflected as deferred outflows or deferred inflows in the period that the value changes.

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