Exam (elaborations)
CGFM EXAM 2 Study questions with correct answers
- Course
- Institution
Non-Spendable Fund Balance CORRECT ANSWER Assets not in spendable form-Inventories and prepaid items, principal of a permanent fund which may not be spent, and assets held for sale and long-term receivables. Examples: Supplies, inventory, membership fees Restricted Fund Balance CORRECT ANSWER Su...
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