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    Advanced Accounting Study Set 14
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    Exam 18: Introduction to Accounting for State and Local Governmental Units
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    An Interfund Transfer Should Be Reported in a Governmental Fund
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An Interfund Transfer Should Be Reported in a Governmental Fund

Question 5

Question 5

Multiple Choice

An interfund transfer should be reported in a governmental fund operating statement as a(n) :


A) due from (to) other funds
B) other financing source (use)
C) revenue or expenditure
D) none of these

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