Question
PLEASE. IF YOU DO NOT KNOW THE ANSWER BETTER NOT ANSWER THIS. I NEED EXPLANATION AS TO WHY TRUE OR FALSE. NO EXPLANATION NO RATING.
PLEASE. IF YOU DO NOT KNOW THE ANSWER BETTER NOT ANSWER THIS. I NEED EXPLANATION AS TO WHY TRUE OR FALSE. NO EXPLANATION NO RATING. THANK YOU.
1. Revenue is generally included in fund statements if received within 60 days after the year-end. a. True b. False
2. Inter-fund transactions are eliminated on the Statement of Activities when they are between the primary government and business-type activities. a. True b. False
3. Major funds are reported on separately if management believes it is useful to present them separately in the financial statements. a. True b. False
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