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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 7: Accounting for the Business-type Activities of State and Local Governments
  5. Question
    The Liability for Utility Revenue Bonds Should Be Reported in Business-Type
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The Liability for Utility Revenue Bonds Should Be Reported in Business-Type

Question 28

Question 28

True/False

The liability for utility revenue bonds should be reported in business-type activities on the government-wide statements, as well as in the enterprise fund.

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