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Which of the Following Statements Is Not a True Statement

Question 1

Multiple Choice

Which of the following statements is not a true statement about expenses that are directly related to a government function or program?


A) They are reported in the government-wide statement of activities at the government-wide level.
B) They include expenses that are specifically associated with a function or program.
C) They include interest on general long-term liabilities.
D) They include depreciation expense on capital assets that are clearly identified with a function or program.

Correct Answer:

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