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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
    At the Fund-Based Reporting Level, the General Practice Is to Have
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At the Fund-Based Reporting Level, the General Practice Is to Have

Question 122

Question 122

True/False

At the fund-based reporting level, the general practice is to have the bottom line of the operating statement for the General Fund be the Total Fund Balance-not the Unreserved Fund Balance.

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