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Government Funds, Proprietary Funds and Fiduciary Funds are the three major categories of funds in a typical Comprehensive Annual Financial Report (CAFR) section known as
Government Funds, Proprietary Funds and Fiduciary Funds are the three major categories of funds in a typical Comprehensive Annual Financial Report (CAFR) section known as Fund Financial Statements. Briefly describe what type of activities of Government are reported in each of the three. For each indicate the basis of accounting used.
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