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Restricted Net Position for a Proprietary Fund Is

Question 7

Multiple Choice

Restricted Net Position for a proprietary fund is:


A) Net resources whose use is restricted by users of the services.
B) Reported net of depreciation.
C) Reported net of accumulated depreciation and any outstanding debt used to acquire the asset.
D) Net resources whose use is restricted by creditors, grantors or laws or regulations of other governments.

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