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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
    The Bottom Line of the General Fund's Operating Statement at the Fund-Based
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The Bottom Line of the General Fund's Operating Statement at the Fund-Based

Question 85

Question 85

True/False

The bottom line of the General Fund's operating statement at the fund-based reporting level includes the effect of nonreciprocal interfund transfers.

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