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    Essentials of Accounting Study Set 3
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
  5. Question
    When Using Modified Accrual Accounting, Revenues Should Be Recognized When
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When Using Modified Accrual Accounting, Revenues Should Be Recognized When

Question 147

Question 147

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When using modified accrual accounting, revenues should be recognized when measurable and available to finance expenditures of the current period.

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