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The term current financial resources refers to : a.The government's current assets and current liabilities. b.Those assets that can quickly be converted into cash. c.Assets

The term "current financial resources" refers to :

a.The government's current assets and current liabilities.

b.Those assets that can quickly be converted into cash.

c.Assets that are available to be used for current expenditures.

d.The current value of all net assets owned by the governmental unit.

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