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_____ for a Public C&U Engaged in Business-Type Activities, Where Is

Question 77

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_____ For a public C&U engaged in business-type activities, where is interest on capital-related debt reported in the statement of revenues, expenses, and changes in net assets?


A) In the revenues section.
B) In the nonoperating revenues (expenses) section.
C) After the nonoperating revenues (expenses) section.
D) Preceding the nonoperating revenues (expenses) section.
E) Reported only in the cash flow statement.

Correct Answer:

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