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Which of the following statements is correct? Multiple Choice Unassigned Fund balance represents the net resources of the fund that are currently available for future

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Which of the following statements is correct? Multiple Choice Unassigned Fund balance represents the net resources of the fund that are currently available for future spending O Fund balance is analogous to the capital account of an investor-owned business Fund balance classificators are nonspendable, spendable, assigned and unassigned Fund balance represents the legal con property owners and voters have on the excess of fund assets over abilities

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