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    Governmental and Nonprofit Accounting
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    Exam 4: The General Fund and Special Revenue Funds
  5. Question
    An Interfund Transfer Is
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An Interfund Transfer Is

Question 10

Question 10

Multiple Choice

An interfund transfer is


A) a reciprocal transaction.
B) a nonreciprocal transaction.
C) a short-term interfund loan.
D) a long-term interfund loan.

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