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    Business
  3. Study Set
    Accounting for Government and Nonprofit Organizations
  4. Exam
    Exam 7: Proprietary Type Fundsenterprise and Internal Service Funds
  5. Question
    In Proprietary Fund Accounting, Transactions Related to Operating Costs Are
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In Proprietary Fund Accounting, Transactions Related to Operating Costs Are

Question 7

Question 7

True/False

In Proprietary Fund accounting, transactions related to operating costs are recognized as expenditures when purchased.

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