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    Essentials of Accounting Study Set 3
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    Exam 4: Accounting for the General and Special Revenue Funds
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    Government Fund Statements Use the Modified Accrual Basis, While Government-Wide
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Government Fund Statements Use the Modified Accrual Basis, While Government-Wide

Question 82

Question 82

True/False

Government fund statements use the modified accrual basis, while government-wide, proprietary fund and fiduciary funds use accrual basis.

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