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    Exam 10: State and Local Governments: Introduction and General Fund Transactions
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    A Purchase of Equipment Would Be Reported as an Expenditure
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A Purchase of Equipment Would Be Reported as an Expenditure

Question 97

Question 97

Multiple Choice

A purchase of equipment would be reported as an expenditure in which of the following funds?


A) Enterprise fund
B) Capital projects fund
C) Internal service fund
D) Investment trust fund

Correct Answer:

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