A major reason the modified accrual basis of accounting is used for "governmental" funds is that many expenditures are not susceptible to being accrued.
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Q33: Any general ledger account that is debited
Q34: A liability for compensated absences that is
Q35: The operating statement for governmental funds is
Q36: For governmental funds, capital maintenance is measured
Q37: Under the modified accrual basis of accounting,
Q39: Under the definition of the modified accrual
Q40: Whether to depreciate capital assets has nothing
Q41: Under the modified accrual basis of accounting,
Q42: Under the modified accrual basis of accounting,
Q43: The modified accrual basis of accounting is
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