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How would the cash acquisition of equipment be reported on a private NFP entity's statement of cash flows? Select one: O a. Investing activity applying

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How would the cash acquisition of equipment be reported on a private NFP entity's statement of cash flows? Select one: O a. Investing activity applying GASB standards O b. Financing activity applying FASB standards. O c. Operating activity applying GASB standards. O d. Investing activity applying FASB standards

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