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Which of the Following Is True Regarding the Preparation of Government-Wide

Question 146

Multiple Choice

Which of the following is true regarding the preparation of government-wide statements?


A) Balances from enterprise funds' statements are entered in the business-type activities sections of the government-wide statements without adjustment.
B) Interfund activities and balances within governmental activities are eliminated.
C) Both of the above.
D) Neither of the above.

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