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    Business
  3. Study Set
    Essentials of Accounting Study Set 3
  4. Exam
    Exam 1: Introduction to Accounting and Financial Reporting for Governmental and Not-For-Profit Organizations
  5. Question
    A Fund Represents Part of the Activities of an Organization
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A Fund Represents Part of the Activities of an Organization

Question 44

Question 44

True/False

A fund represents part of the activities of an organization which is separated from other activities in the accounting records to more easily demonstrate compliance with legal restrictions or limitations.

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