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Which of the following financial statements are prepared using the flow of economic resources measurement focus and accrual basis of accounting? I. Government-wide II. Governmental

Which of the following financial statements are prepared using the flow of economic

resources measurement focus and accrual basis of accounting?

I. Government-wide

II. Governmental funds

III. Proprietary funds

IV. Fiduciary funds

A. I, III, and IV only.

B. I, II, and IV only.

C. I, II, and III only.

D. I and III only.

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