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Author Question: A governmental fund budgetary comparison statement or schedule should A. Be prepared on the same ... (Read 115 times)

rosent76

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A governmental fund budgetary comparison statement or schedule should
 
  A. Be prepared on the same basis the budget was enacted.
  B. Always be prepared on a GAAP basis.
  C. Always be prepared on a cash basis.
  D. Be prepared only for the General Fund.

Question 2

Even when a trial balance is in balance, there may be errors in the individual accounts.
 a. True
  b. False
 
   Indicate whether the statement is true or false



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aloop

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Answer to Question 1

A

Answer to Question 2

True




aloop

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