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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 6: Accounting for General Long-Term Liabilities and Debt Service
  5. Question
    General Long-Term Liabilities Are Those That Arise from Activities of Governmental
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General Long-Term Liabilities Are Those That Arise from Activities of Governmental

Question 34

Question 34

True/False

General long-term liabilities are those that arise from activities of governmental funds as well as those reported as fund liabilities of a proprietary or fiduciary fund.

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