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Under the new model of reporting , a proprietary fund in the beginning stages: A. Can be funded by moral obligation bond proceeds. B. Can

Under the new model of reporting, a proprietary fund in the beginning stages:

A. Can be funded by moral obligation bond proceeds.

B. Can be funded by general obligation bond proceeds.

C. Must be funded by revenues and assuming that the government loans the money

to the proprietary fund as a reciprocal transfer.

D. Must be funded by taxpayers tax revenues.

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