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QUESTION 48 All of the following are true about proprietary funds EXCEPT: O A Accrual accounting is used as the basis of accounting. B. The

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QUESTION 48 All of the following are true about proprietary funds EXCEPT: O A Accrual accounting is used as the basis of accounting. B. The economic resources measurement focus is used. O C. They include Internal Service Funds and Enterprise Funds. O D. A Statement of Cash Flows is required in accordance with FASB standards

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