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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 3: Governmental Operating Statement Accounts; Budgetary Accounting
  5. Question
    When an Activity Accounted for by the General Fund Results
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When an Activity Accounted for by the General Fund Results

Question 28

Question 28

True/False

When an activity accounted for by the General Fund results in issuance of purchase orders or contracts for goods or services a record must be kept, but no journal entries in the General Fund are necessary.

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