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Question 13) State appropriations revenue is reflected in the operating activities section of a public college or university's statement of cash flows. True 0 False
Question 13) State appropriations revenue is reflected in the operating activities section of a public college or university's statement of cash flows. True 0 False Question 14) Private, nonprofit colleges and universities must report net assets in their statements of financial position based on the presence or absence of board designations. True False Question 15) Private, nonprofit colleges and universities may use the direct or indirect method to prepare their statements of cash flows. True 0 False
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