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  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 2: Principles of Accounting and Financial Reporting for State and Local Governments
  5. Question
    A Permanent Endowment Is an Example of a Nonspendable Fund
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A Permanent Endowment Is an Example of a Nonspendable Fund

Question 7

Question 7

True/False

A permanent endowment is an example of a nonspendable fund balance.

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