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If the Board of Trustees of a public governmental college has decided to retain and invest funds for a purpose other than loan and
If the Board of Trustees of a public governmental college has decided to retain and invest funds for a purpose other than loan and plant purposes, these funds would be considered net assets: Select one: O a. Unrestricted. O b. Invested in capital assets, net of related debt. Oc. Restricted, nonexpendable for endowment. O d. Restricted, expendable for scholarships and fellowships.
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