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Which of the following is true regarding fiduciary funds? Multiple Choice a. Fiduciary funds are included in the fund-basis statements but not in the government-wide.

Which of the following is true regarding fiduciary funds?

Multiple Choice

a. Fiduciary funds are included in the fund-basis statements but not in the government-wide.

b. Fiduciary funds are reported by fund type, not as major funds.

c. Both of the choices are true.

d. Neither of the choices is true.

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