1.Although Statement No. 34 requires that infrastructure assets be accounted for similarly to other capital...
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Accounting
1.Although Statement No. 34 requires that infrastructure assets be accounted for similarly to other capital assets, it allows for a major exception with regard to depreciation. What is that exception? 2.A governments interest expenditure, as reported in its debt service fund, differs significantly from its interest expense, as reported in its government-wide statements. What is the most likely explanation for the difference?
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