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    Government and Not for Profit Accounting Study Set 2
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    Exam 9: Business-Type Activities
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    The Amounts Reported in Proprietary Fund Statements Are Generally the Same
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The Amounts Reported in Proprietary Fund Statements Are Generally the Same

Question 69

Question 69

True/False

The amounts reported in proprietary fund statements are generally the same as those reported in the government-wide statements because both sets of statements are on a full accrual basis of accounting.

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