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    Advanced Accounting Study Set 3
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    Exam 20: Accounting for State and Local Governmental Units - Governmental Funds
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    A Restricted Fund Balance Represents Amounts That Can Only Be
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A Restricted Fund Balance Represents Amounts That Can Only Be

Question 4

Question 4

True/False

A restricted fund balance represents amounts that can only be spent for the specific purposes stipulated by constitution,external resource providers,or through enabling legislation.

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