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  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 4: Accounting for the General and Special Revenue Funds
  5. Question
    Transactions Between Funds of the Same Government Are Assumed to Be
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Transactions Between Funds of the Same Government Are Assumed to Be

Question 104

Question 104

True/False

Transactions between funds of the same government are assumed to be arm's length in nature because there is no private inurement.

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