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    Essentials of Accounting Study Set 3
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    Exam 7: Fiduciary Funds, Interfund Transactions
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    Investments in a Private-Purpose Trust Fund Should Generally Be Reported
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Investments in a Private-Purpose Trust Fund Should Generally Be Reported

Question 65

Question 65

Multiple Choice

Investments in a private-purpose trust fund should generally be reported using:


A) Cost Basis.
B) Fair Market Value.
C) Equity Method.
D) None of the above.

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