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    Essentials of Accounting Study Set 2
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    Exam 2: Overview of Financial Reporting for State and Local Governments
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    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 78

Question 78

True/False

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

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