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    Advanced Financial Accounting Study Set 2
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    Exam 17: Governmental Entities: Introduction and General Fund Accounting
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    According to the Latest GASB Exposure Draft,which of the Following
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According to the Latest GASB Exposure Draft,which of the Following

Question 47

Question 47

Multiple Choice

According to the latest GASB exposure draft,which of the following is the only governmental fund type that may report an unassigned fund balance?


A) General fund
B) Special revenue fund
C) Capital projects fund
D) Permanent fund

Correct Answer:

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