Question: In applying the current financial resources measurement focus, when are liabilities recognized in fund financial statements for the governmental funds?

In applying the current financial resources measurement focus, when are liabilities recognized in fund financial statements for the governmental funds?

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In applying the current financial resources measurement focus, when are liabilities recognized? LO9

In applying the current financial resources measurement focus, when are liabilities recognized?

In applying the current financial resources measurement focus, when are liabilities recognized in fund financial statements for the governmental funds?

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