Net position for a federal agency is similar to net assets of a state or local government.

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Net position for a federal agency is similar to net assets of a state or local government. Do you agree or disagree? Explain.

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Accounting for Governmental and Nonprofit Entities

ISBN: ?978-0073379609

15th Edition

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

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Question Posted: Dec 03, 2011 09:27 AM

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Net position for a federal agency is similar to net assets of a state or local government.

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Agree in part The net position account on the balance sheet of a feder...View the full answer

Accounting for Governmental and Nonprofit Entities

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