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    Essentials of Accounting Study Set 3
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    Exam 4: Accounting for the General and Special Revenue Funds
  5. Question
    Transactions Between Funds of the Same Government Are Not Assumed
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Transactions Between Funds of the Same Government Are Not Assumed

Question 7

Question 7

True/False

Transactions between funds of the same government are not assumed to be arm's length in nature.

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