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    Political Science
  3. Study Set
    Governmental and Not for Profit Accounting
  4. Exam
    Exam 5: The Governmental Fund Accounting Cycle
  5. Question
    Governmental Fund Liabilities Are
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Governmental Fund Liabilities Are

Question 14

Question 14

Multiple Choice

Governmental fund liabilities are:


A) claims against current financial resources
B) obligations not currently payable
C) both a and b
D) none of the above

Correct Answer:

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