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Large Amounts of Data Can Be Held for a Second

question 142

Multiple Choice

Large amounts of data can be held for a second or two in _________ memory.​ 

Recognize the conditions under which revenues and expenditures are recognized in governmental accounting.
Distinguish between the different classifications of fund balances in governmental funds.
Understand the distinction between governmental and business-type activities in financial reporting.
Gain knowledge of the process and importance of preparing closing entries and their impact on temporary accounts.

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