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    Business
  3. Study Set
    Governmental and Nonprofit Accounting
  4. Exam
    Exam 13: Financial Reportingthe Basic Financial Statements and Required Supplementary Information
  5. Question
    If the General Fund Has Restricted Fund Balance, Then the Governmental
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If the General Fund Has Restricted Fund Balance, Then the Governmental

Question 8

Question 8

Multiple Choice

If the General Fund has restricted fund balance, then the governmental activities column will automatically have


A) Committed net position.
B) Restricted net position.
C) Designated net position.
D) Net investment in capital assets.

Correct Answer:

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