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  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 8: Accounting for Fiduciary Activities—Custodial and Trust Funds
  5. Question
    Fiduciary Funds Use a Basis of Accounting Similar to Which
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Fiduciary Funds Use a Basis of Accounting Similar to Which

Question 6

Question 6

Multiple Choice

Fiduciary funds use a basis of accounting similar to which of the following funds?


A) Permanent funds.
B) Special revenue funds.
C) Enterprise funds.
D) Debt service funds.

Correct Answer:

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