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    Essentials of Accounting Study Set 3
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    Exam 1: Introduction to Accounting and Financial Reporting for Governmental and Not-For-Profit Organizations
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    GASB Utilizes Two Additional Elements That Do Not Appear in the Balance
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GASB Utilizes Two Additional Elements That Do Not Appear in the Balance

Question 33

Question 33

True/False

GASB utilizes two additional elements that do not appear in the balance sheets of nongovernmental organizations: deferred inflows and deferred outflows of resources.

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