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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 2: Overview of Financial Reporting for State and Local Governments
  5. Question
    The Fund Balance Reported in the Governmental Funds Balance Sheet
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The Fund Balance Reported in the Governmental Funds Balance Sheet

Question 29

Question 29

True/False

The fund balance reported in the Governmental Funds Balance Sheet must be reconciled to the total net assets in the governmental activities column of the government-wide Statements of Net Assets.

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