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Which of the following is an attribute of modified accrual accounting A) Long-term assets and depreciation are recorded in the governmental fund balance sheet B)
Which of the following is an attribute of modified accrual accounting A) Long-term assets and depreciation are recorded in the governmental fund balance sheet B) Revenues are generally recognized when measurable and available to finance the expenditures of the current period C) Long-term debt is recorded in the governmental fund balance sheet D) Expenses are recorded on the Statement of Changes in Fund Balance
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