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4.-. Vehicles used by the culture and recreation department should be reported in the Governmental Activities column of the government-wide statement of net position. True
4.-. Vehicles used by the culture and recreation department should be reported in the Governmental Activities column of the government-wide statement of net position. True False
9.-.Which of the following financial statement(s) reports both current and noncurrent assets and liabilities?
Government-wide Statement of Net Position General Fund Balance Sheet A) No Yes B) No No C) Yes No D) Yes Yes
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