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The Comprehensive Annual Financial Report (CAFR) of a Government Should

Question 16

Multiple Choice

The comprehensive annual financial report (CAFR) of a government should contain a statement of revenues, expenses, and changes in net position for:


A) Both proprietary and governmental funds.
B) Governmental but not proprietary funds.
C) Proprietary but not governmental funds.
D) Both proprietary and fiduciary funds.

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