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  3. Study Set
    Advanced Accounting Concepts and Practice
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    Exam 24: Governmental Accounting: Basic Principles and the General Fund
  5. Question
    Proprietary Funds May Be Classified as Being Either Reciprocal or Nonreciprocal
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Proprietary Funds May Be Classified as Being Either Reciprocal or Nonreciprocal

Question 23

Question 23

True/False

Proprietary funds may be classified as being either reciprocal or nonreciprocal in nature.

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