Multiple Choice
Which of the following is not true regarding combining fund statements?
A) Combining statements are part of other supplementary information.
B) All non-major funds are included in the combining statements.
C) Combining statements for non-major funds are required for governmental funds only.
D) The total column in the combining statements is equal to the non-major funds column in the basic financial statements.
Correct Answer:
Verified
Correct Answer:
Verified
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