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1.When considering a government-wide statement of activities, which of the following offset Net (Expense) revenue deficit? Taxes Assessment Investment earnings All of the above 2.Police

1.When considering a government-wide statement of activities, which of the following offset Net (Expense) revenue deficit?

  • Taxes
  • Assessment
  • Investment earnings
  • All of the above

2.Police department operating its own vehicle repair and service garage would be reported as which activity in the governmental wide financial statement?

  • Banking type
  • Business type
  • Fiduciary
  • Governmental

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