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  3. Study Set
    Governmental and Nonprofit Accounting
  4. Exam
    Exam 12: Trust and Agency Fiduciary Funds Summary of Interfund-Gca-Gltl Accounting
  5. Question
    Equity in a Fiduciary Fund Is Referred to as
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Equity in a Fiduciary Fund Is Referred to as

Question 8

Question 8

Multiple Choice

Equity in a fiduciary fund is referred to as


A) Net position.
B) Fund balance.
C) Retained earnings.
D) Contributed Capital.

Correct Answer:

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