Under GASB guidance when should an item be recognized on the face of the financial statements? Under

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Under GASB guidance when should an item be recognized on the face of the financial statements? Under what conditions, would the GASB indicate that a note disclosure should accompany an item that has been recognized on the financial statements?

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-0078025822

17th edition

Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson

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Question Posted: Oct 24, 2016 04:51 AM

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Under GASB guidance when should an item be recognized on the face of the financial statements? Under

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GASB Concepts Statement 3 indicates that it is preferable to recognize an i...View the full answer

Accounting for Governmental and Nonprofit Entities

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