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    Essentials of Accounting Study Set 3
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    Exam 7: Fiduciary Funds, Interfund Transactions
  5. Question
    Assets Held in by a Government Acting as Agent for One
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Assets Held in by a Government Acting as Agent for One

Question 25

Question 25

True/False

Assets held in by a government acting as agent for one or more other governmental units or for individuals or private organizations would be reported as private purpose trust funds.

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