For Purposes of Recognizing Property Tax Revenues in Governmental Funds

question 34

Multiple Choice

For purposes of recognizing property tax revenues in governmental funds, "available" is defined as

• A)revenues received within 90 days of year-end.
• B)revenues received within 60 days of year-end.
• C)revenues received within 120 days of year-end.
• D)being up to the judgment of the preparer.

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Definitions:

Interpersonal Communication

The process through which people exchange information, feelings, and meaning through verbal and non-verbal messages in a face-to-face context.

Interpreter

A person who translates spoken or signed language into another language, facilitating communication between speakers of different languages.

Elements

Substances consisting of atoms with the same number of protons, categorized in the periodic table.

Satisfaction

The feeling of fulfillment or pleasure derived from achieving one's goals or fulfilling one's needs.