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    Governmental and Nonprofit Accounting
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    Exam 2: State and Local Government Accounting and Financial Reporting Modelthe Foundation
  5. Question
    Capital Outlay Expenditures Would Be Least Likely in a
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Capital Outlay Expenditures Would Be Least Likely in a

Question 57

Question 57

Multiple Choice

Capital outlay expenditures would be least likely in a


A) General Fund.
B) Debt Service Fund.
C) Capital Projects Fund.
D) Special Revenue Fund.

Correct Answer:

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