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Any Internal Service Fund Balances That Are Not Eliminated in the Consolidation

Question 3

Multiple Choice

Any internal service fund balances that are not eliminated in the consolidation process should generally be presented on the government-wide financial statements


A) Should not be presented on the government-wide financial statements.
B) In the internal service fund column.
C) In the governmental activities column.
D) In the business-type activities column.

Correct Answer:

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