For most state and local governments, the budget, when adopted according to procedures specified by state laws, is not binding upon the administrators of a governmental unit.
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Q46: According to GASB standards relating to Budgetary
Q47: A government may have two or more
Q48: The GASB recently published a white paper
Q49: Which of the following has established a
Q50: GASB utilizes two additional elements that do
Q52: Accounting and financial reporting standards for profit-seeking
Q53: The information needs of government creditors are
Q54: According to GASB standards relating to Budgetary
Q55: Governmental funds include:
A) Special revenue funds
B) Internal
Q56: Depreciation on capital assets is included as
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