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    Business
  3. Study Set
    Accounting for Government and Nonprofit Organizations
  4. Exam
    Exam 2: The Use of Funds in Governmental Accounting
  5. Question
    Special Revenue Funds Are Used to Account for Specific Revenue
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Special Revenue Funds Are Used to Account for Specific Revenue

Question 12

Question 12

True/False

Special Revenue Funds are used to account for specific revenue sources that are restricted or committed to spending for specific operating purposes, debt service, or capital projects.

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