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Which of the Following Is True Regarding the Government-Wide Statements

Question 97

Multiple Choice

Which of the following is true regarding the government-wide statements?


A) The governmental activities portion of the government-wide statements is prepared using the current financial resources measurement focus and modified accrual basis of accounting.
B) The government-wide statements include a Statement of Net Position and a Statement of Activities.
C) Both of the above.
D) Neither of the above.

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