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  3. Study Set
    Essentials of Advanced Financial Accounting
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    Exam 12: Governmental Entities: Introduction and General Fund Accounting
  5. Question
    Works of Art and Historical Treasures Purchased by the General
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Works of Art and Historical Treasures Purchased by the General

Question 61

Question 61

Multiple Choice

Works of art and historical treasures purchased by the general fund should be reported as: Works of art and historical treasures purchased by the general fund should be reported as:   A)  I only. B)  II only. C)  Both I and II. D)  Neither I nor II.


A) I only.
B) II only.
C) Both I and II.
D) Neither I nor II.

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