Interperiod Equity May Be Demonstrated by Showing Whether Current Year

question 25

Multiple Choice

Interperiod equity may be demonstrated by showing whether current year revenue is sufficient to pay for current year services and whether:

• A)​Revenue will be recognized within the period
• B)​Future taxpayers will be required to assume burden for services previously provided
• C)Revenue will be matched with expense in a government year​
• D)​Government years do not necessarily coincide with calendar years

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