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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 7: Accounting for the Business-type Activities of State and Local Governments
  5. Question
    GASB Standards Require That Interfund Receivables and Payables Between Governmental
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GASB Standards Require That Interfund Receivables and Payables Between Governmental

Question 64

Question 64

True/False

GASB standards require that interfund receivables and payables between governmental and business-type activities be presented as internal balances.

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