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1.For government-wide reporting, property taxes associated with activities accounted for in governmental funds must be available and measurable to be recorded as revenue. True or
1.For government-wide reporting, property taxes associated with activities accounted for in governmental funds must be available and measurable to be recorded as revenue.
True or false
2.In the government-wide financial statements, governmental activities are reported using the current financial resources measurement focus and the accrual basis of accounting.
true or false
3.Government-wide financial statements include a statement of net position, a statement of activities, and a statement of cash flows.
True or false
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