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    Advanced Accounting Study Set 8
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    Exam 17: Accounting for State and Local Governments
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    Which Item Is Not Included on the Government-Wide Statement of Activities
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Which Item Is Not Included on the Government-Wide Statement of Activities

Question 7

Question 7

Multiple Choice

Which item is not included on the government-wide Statement of Activities?


A) revenues.
B) expenses.
C) assets.
D) operating grants.
E) capital contributions.

Correct Answer:

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