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Which group of financial statements is prepared using the modified accrual accounting approach? Multiple Choice GAAP-based financial statements. Governmental fund financial statements. Cost-based financial statements.

Which group of financial statements is prepared using the "modified accrual accounting" approach? Multiple Choice GAAP-based financial statements. Governmental fund financial statements. Cost-based financial statements. Governmental fund financial statements. Cost-based financial statements. Government-wide financial statements. General-purpose financial statements

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