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One or more of the objectives of proprietary funds is/are? A. That the fund needs to be run as a business of the jurisdiction. B.
One or more of the objectives of proprietary funds is/are?
A. That the fund needs to be run as a business of the jurisdiction.
B. That the fund must use the accrual basis of accounting.
C. That the fund is unique because it has a profit motive where administrative
expenses are covered by the receipt of revenues.
D. All of the above.
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