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    Essentials of Accounting Study Set 3
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    Exam 7: Fiduciary Funds, Interfund Transactions
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    For Governmental-Type Funds, Statement 53 Reporting of Derivatives Applies Only
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For Governmental-Type Funds, Statement 53 Reporting of Derivatives Applies Only

Question 99

Question 99

True/False

For governmental-type funds, Statement 53 reporting of derivatives applies only to reporting at the government-wide level, not the fund-basis statements.

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