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Robustness Refers to How Sensitive Probability Calculations Are When Assumptions

question 28

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Robustness refers to how sensitive probability calculations are when assumptions are not met.

Grasp the concept of fund financial statements and their components as mandated by GASB.
Understand the rules for revenue recognition in governmental accounting.
Comprehend the classification and reporting of fund balances in governmental funds.
Recognize the different fiduciary funds and their usage in governmental accounting.

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