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Fund accounting is used by governmental units with resources that must be: a) Composed of cash or cash equivalents. b) Segregated for the purpose of

Fund accounting is used by governmental units with resources that must be: a) Composed of cash or cash equivalents. b) Segregated for the purpose of carrying on specific activities or attaining certain objectives. c) Incorporated into combined or combining financial statements. d) Incorporated into combined or combining financial statements

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