All funds of a governmental unit use the current financial resources measurement focus and modified accrual basis of accounting.
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Q20: GASB and FASB Concept Statements establish accounting
Q23: Comparison of the legally approved budget with
Q23: Long-term debt that is to be paid
Q27: Infrastructure may or may not be capitalized
Q28: FASB sets the reporting standards for private
Q31: Internal Service funds are treated as governmental
Q32: Fiduciary funds include agency,pension trust,investment trust,and private-purpose
Q34: Comparison of the legally approved budget with
Q35: General fixed assets of the government are
Q37: Measurement focus refers to those items, such
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