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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
    The Fund Balance Represents the Excess of Fund Assets and Deferred
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The Fund Balance Represents the Excess of Fund Assets and Deferred

Question 89

Question 89

True/False

The fund balance represents the excess of fund assets and deferred outflows over fund liabilities and deferred inflows.

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