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    Advanced Financial Accounting Study Set 5
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    Exam 17: Governmental Entities: Introduction and General Fund Accounting
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    In Accounting for Governmental Funds,which of the Following Items Could
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In Accounting for Governmental Funds,which of the Following Items Could

Question 35

Question 35

Multiple Choice

In accounting for governmental funds,which of the following items could appear only on governmentwide financial statements?
I.Fixed assets
II.Long-term debt
III.Investments


A) I only
B) I and II
C) I and III
D) I,II,III

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