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Balanced budget means that Appropriations must be equal or less than estimated revenues. a. False b. True The purpose of the modified accrual basis of
Balanced budget means that Appropriations must be equal or less than estimated revenues.
a.
False
b.
True
The purpose of the modified accrual basis of accounting is to measure the Capital maintenance in the Proprietary fund financial statements.
a.
FALSE
b.
TRUE
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