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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
    Revenues, but Not Expenses, Are Recorded the Same Under Accrual
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Revenues, but Not Expenses, Are Recorded the Same Under Accrual

Question 41

Question 41

True/False

Revenues, but not expenses, are recorded the same under accrual and modified accrual accounting.

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