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Which of the following is true regarding the government-wide statements? Multiple Choice a) The government-wide statements include a Statement of Net Position and a Statement
Which of the following is true regarding the government-wide statements?
Multiple Choice
a) The government-wide statements include a Statement of Net Position and a Statement of Activities.
b) The governmental activities portion of the government-wide statements is prepared using the current financial resources measurement focus and modified accrual basis of accounting.
c) Both statements are true.
d) Both statements are false.
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