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a. Which of the following inflows to a governmental fund would be classified as an Other Financing Source? a. sales tax b. proceeds of bonds

a. Which of the following inflows to a governmental fund would be classified as an Other Financing Source?

a. sales tax

b. proceeds of bonds issued

c. sale of capital assets

d. both B and C

e. none of the above

b. The "available appropriation" in a subsidiary ledger at the end of the year is the same amount as the variance in the budgetary comparison statement.

True or False?

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