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For external financial reporting purposes, what level of classification detail must be presented for governmental fund expenditures in a government's budgetary comparison statements or schedules?

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For external financial reporting purposes, what level of classification detail must be presented for governmental fund expenditures in a government's budgetary comparison statements or schedules? O A. Departmental unit classifications, as well as function or program B. Depends upon the classification detail adopted in the government's budget C. Function or program level only D. Object of expenditure classifications Submit Answer Which interfund transactions can result in a decrease in a fund's expenditures? A. Intertund loans O B. Interfund services provided and used transactions C. Interfund transfers D. Interfund reimbursements Submit Anwar Appropriations: A. are enacted into law. Overexpenditures are violations of law. B. are not required to authorize most government expenditures. C. may be changed at the discretion of the top administrator of a government D. merely reflect budgetary expectations. Submit Ans

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