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Long-term liabilities of a government A.Include compensated absences, claims and judgments, and pollution remediation obligations. B. Are only reported at the fund level within the
Long-term liabilities of a government
A.Include compensated absences, claims and judgments, and pollution remediation obligations.
B. Are only reported at the fund level within the financial statements.
C. Are only reported at the government-wide level within the financial statements.
D.Both a and c are true.
Accounting for Governmental and Nonprofit Entities e 18
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