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Reporting Period
A specific duration of time for which financial activities and performance are recorded and reported.
Governmental Funds
Categories of funds used by governments to account for financial resources devoted to specific purposes other than business-type activities.
Current Financial Resources
Refers to the liquid assets available to a company for use in its immediate or short-term operations, including cash and other assets that can be quickly converted into cash.
Government-Wide Financial Statements
Comprehensive financial reports that encompass all the financial activities of a government entity and its component units.
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