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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 2: Principles of Accounting and Financial Reporting for State and Local Governments
  5. Question
    All Capital Assets Acquired by or Used by a Fund
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All Capital Assets Acquired by or Used by a Fund

Question 43

Question 43

True/False

All capital assets acquired by or used by a fund should be reported in the fund balance sheet or statement of net assets.

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