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This Gov't Final Chapter 1 quiz focuses on government accounting principles. It tests knowledge on revenue recognition under the modified accrual basis, the application of GASB Statement 34, and the classification of governmental...

Questions: 8  |  Attempts: 262   |  Last updated: Mar 20, 2023
  • Sample Question 1
    Under the modified accrual basis of accounting, revenues should be recognized when they are:
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  • Sample Question 2
    Under GASB Statement 34, accrual accounting is used for:
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  • Sample Question 3
    Notre Dame University, a private institution, has level 1 GAAP established by the:
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