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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
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    When Liabilities Authorized by an Appropriation Have Been Incurred, the Appropriation
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When Liabilities Authorized by an Appropriation Have Been Incurred, the Appropriation

Question 139

Question 139

True/False

When liabilities authorized by an appropriation have been incurred, the appropriation is said to be expended.

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