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    Business
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    Accounting for Government and Nonprofit Organizations
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    Exam 7: Proprietary Type Fundsenterprise and Internal Service Funds
  5. Question
    The Enterprise Fund Net Position Component Called, Net Investment in Capital
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The Enterprise Fund Net Position Component Called, Net Investment in Capital

Question 1

Question 1

True/False

The Enterprise Fund net position component called, Net Investment in Capital Assets, is equal to the sum of all capital assets net of accumulated depreciation reported on those assets.

Correct Answer:

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