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A city anticipates to receive revenues of 800,000 but has approved expenditures of 870,000. The expected shortage will have an impact on which of the

A city anticipates to receive revenues of 800,000 but has approved expenditures of 870,000. The expected shortage will have an impact on which of the following terms?

  1. Reliability
  2. Accrual accounting
  3. Account groups
  4. Consumption accounting
  5. Consistency
  6. Interperiod equity
  7. Modified accrual accounting

Please choose one answer

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