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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 8: Accounting for Fiduciary Activities—Custodial and Trust Funds
  5. Question
    Because a Government Does Not Have Any Administrative Decision Making
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Because a Government Does Not Have Any Administrative Decision Making

Question 20

Question 20

True/False

Because a government does not have any administrative decision making, a custodial fund would not prepare a statement of net position.

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