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Which of the Following Would  not \textbf{ not }

Question 3

Multiple Choice

Which of the following would  not \textbf{ not } result in a portion of fund balance being classified as nonspendable?


A) Advances to other funds.
B) Inventory of materials and supplies.
C) A city council passing enabling legislation that requires proceeds from a newly authorized sales tax be spent on a downtown revitalization project.
D) Prepaid insurance.

Correct Answer:

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