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Hi Everyone,
This is probably my 5th time going through the Gov/NFP chapters in Becker, and for the most part I want to say that I am grasping the material, but for some reason I can’t seem to understand the governmental fund constraints. (Nonspendable Fund Balance, Restricted Fund Balance, Committed Fund Balance, Assigned Fund Balance, & Unassigned Fund Balance).. aka NUCAR in Becker.
Would someone who understand this please let me know in summary what each fund is, my exam is in 2 days and I can’t seem to avoid freaking out 🙁Please help, will be very grateful!!!!
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