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In the Government-Wide Statement of Net Position, Interfund Receivables and Payables

Question 39

Multiple Choice

In the government-wide statement of net position, interfund receivables and payables


A) Should not be reported.
B) Should only be reported for balances payable between governmental activities and business-type activities.
C) Can be reported in either the governmental activities or business-type activities columns.
D) Should be eliminated in the governmental activities column but not the business-type activities column.

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