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What occurs when entries are combined in governmental accounting? Question 18 Not yet answered Marked out of 1.00 P Flag question a. In governmental accounting,

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What occurs when entries are combined in governmental accounting? Question 18 Not yet answered Marked out of 1.00 P Flag question a. In governmental accounting, all governmental funds stand on their own and so they are simply added together (consolidated) Ob. The entries that are common with other types of accounts are consolidated and fully reported O c. Since the entities are not allowed to make a profit when they deal with others in the government, it is simply an adding of each account. Since each account is separately reported there is no confusion Od Transactions within the governmental entity that are common to the governmental unit are eliminated

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