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    Government Accounting
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    Exam 8: Long-Term Obligations
  5. Question
    Although Governments May Elect to Report Conduit Obligations in Their
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Although Governments May Elect to Report Conduit Obligations in Their

Question 11

Question 11

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Although governments may elect to report conduit obligations in their government-wide and proprietary fund statements, the GASB has ruled that note disclosure is sufficient.

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