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In which of the following financial statements should a government not report depreciation expense? a. Government-wide financial statements b. Governmental fund financial statements c. Fiduciary

In which of the following financial statements should a government not report depreciation expense?

a.

Government-wide financial statements

b.

Governmental fund financial statements

c.

Fiduciary fund financial statements

d.

Proprietary fund financial statements

In Governmental accounting the usual method of handling uncollectible receivables is the direct write off Method.

a.

True

b.

False

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