Describe the implications of the phrase normally expected to be liquidated with expendable avail-able financial resources

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Describe the implications of the phrase “ normally expected to be liquidated with expendable avail-able financial resources” as applied to accruing liabilities for compensated absences in governmental-type funds?

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Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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