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  3. Study Set
    Essentials of Accounting Study Set 1
  4. Exam
    Exam 8: Government-Wide Statements, Capital Assets, Long-Term Debt
  5. Question
    When Converting from Fund Financial Statements to Government-Wide Statements, It
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When Converting from Fund Financial Statements to Government-Wide Statements, It

Question 4

Question 4

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When converting from fund financial statements to government-wide statements, it is necessary to eliminate those fund transfers that are between the categories of governmental activities and business-type activities.

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