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Given a specific set of data, the basis of accounting selected by or imposed on a governmental entity will least affect which of the following?

a) Determining whether or not the governmental entity has a balanced budget.

b) Determining whether or not the governmental entity has the ability to issue debt.

c) Determining whether or not certain events occurred.

d) Determining the annual payments to a government-sponsored pension plan.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M991773

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