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goji.go goji.go
wrote...
Posts: 5977
9 years ago
Which of the following adjustments will not be necessary to covert the measurement focus and basis of accounting found in the governmental funds to the governmental activities reported in the government-wide financial statements?
A.   Recording expenses with no corresponding expenditures.
B.   Converting “when due” payables to accrual based payables.
C.   Eliminating expenditures with no expense counterparts.
D.   Adjusting the fair value of investments.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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