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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 4: Accounting for Governmental Operating Activitiesillustrative Transactions and Financial Statements
  5. Question
    The Government-Wide Statement of Net Assets Uses the Same Measurement
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The Government-Wide Statement of Net Assets Uses the Same Measurement

Question 2

Question 2

True/False

The government-wide statement of net assets uses the same measurement focus and basis of accounting used by the General Fund balance sheet.

Correct Answer:

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