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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 7: Accounting for the Business-type Activities of State and Local Governments
  5. Question
    Internal Service Funds Account for Operating Expenses on the Accrual
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Internal Service Funds Account for Operating Expenses on the Accrual

Question 10

Question 10

True/False

Internal service funds account for operating expenses on the accrual basis of accounting.

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