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Which of the Following Statements Is True with Respect to the Use

Question 39

Multiple Choice

Which of the following statements is true with respect to the use of budgetary accounts?


A) Once the budget is set, it may not be changed.
B) GASB does not require governments to record budgets
C) Budgetary accounts are presented with actual results in the general purpose financial statements.
D) GASB requires budgetary accounts for the General Fund

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