The minimum expenditure classifications required in the basic financial statements for governmental funds are a. fund and
Question:
The minimum expenditure classifications required in the basic financial statements for governmental funds are
a. fund and function or program.
b. fund, character, and function or program.
c. fund, character, and department.
d. fund, character, department, and line item.
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Step by Step Answer:
The correct option is c fund character and department Explanation Governmental funds follow specific ...View the full answer
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Related Book For 
Governmental And Nonprofit Accounting
ISBN: 9781292040080
10th International Edition
Authors: Robert J. Freeman, Craig D. Shoulders, Gregory S. Allison, G. Robert Smith
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