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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
    Interfund Transactions That Would Result in the Recognition of Revenues,expenditures,or
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Interfund Transactions That Would Result in the Recognition of Revenues,expenditures,or

Question 16

Question 16

True/False

Interfund transactions that would result in the recognition of revenues,expenditures,or expenses,if one of the parties were external to the government,should be reported as fund revenues,expenditures,or expenses.

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