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Questions Which of the following statements is true? a. Fund balances of debt service funds are classified as Restricted and Unrestricted Ob. The principal of
Questions Which of the following statements is true? a. Fund balances of debt service funds are classified as Restricted and Unrestricted Ob. The principal of permanent funds are classified as Nonspendable Fund Balance O c. Any governmental fund may have an Unassigned Fund Balance Od. The fund balance of permanent funds should be classified as Nonspendable, Spendable, and committed Net Position
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