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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 8: Accounting for Fiduciary Activities—Custodial and Trust Funds
  5. Question
    The Internal Revenue Service Limits the Amount of Earnings a Government
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The Internal Revenue Service Limits the Amount of Earnings a Government

Question 59

Question 59

True/False

The Internal Revenue Service limits the amount of earnings a government can make when investing the proceeds from its general obligation bonded debt.

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