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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 1: Introduction to Accounting and Financial Reporting for Government and Not-for-Profit Entities
  5. Question
    On What Should the Governmental Fund Financial Statements Report
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On What Should the Governmental Fund Financial Statements Report

Question 45

Question 45

Multiple Choice

On what should the governmental fund financial statements report?


A) Net position and results of financial operations of the government as a whole.
B) Fiscal accountability.
C) Operational accountability.
D) Cost of government services.

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