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Which of the following would likely never be considered a government? A. Defined benefit pension plans established for the benefit of government employees B. Hospitals

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Which of the following would likely never be considered a government? A. Defined benefit pension plans established for the benefit of government employees B. Hospitals C. Labor unions representing government employees D. Nonprofit entities that are established by a government under a state's nonprofit corporation statutes (eg, volunteer fire departments) Submit ANSW Which of the following does notfit the GASB's description of the characteristics of the general government environment? O A. Interperiod equity The Investment in capital assets such as school buildings and streets that do not directly contribute to generating revenues B. C. The nature of the political process D. The separation of powers between branches of the government Submit Answers Which accounting entity would be used to account for the proceeds from selling assets seized in drug enforcement actions, assuming that the proceeds are significant in amount and can be used only to finance future undercover drug enforcement operations? A. Capital projects fund B. Debt service fund C. Permanent fund D. Special revenue fund Submit Ans

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