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Adjustments are made to ensure that:O expenses are recognized in the period in which they are incurred.O revenues are recorded in the period in which
Adjustments are made to ensure that:O expenses are recognized in the period in which they are incurred.O revenues are recorded in the period in which the performance obligation is satisfied. balance sheet and income statement accounts have correct balances at the end of an accounting period. All of these answer choices are correct.
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International Public Financial Management Essentials Of Public Sector Accounting
Authors: Gary Bandy
1st Edition
081535634X, 978-0815356349
