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Which of the following is true regarding the preparation of government-wide statements? Multiple Choice Balances from enterprise funds statements are entered in the business-type activities
Which of the following is true regarding the preparation of government-wide statements?
Multiple Choice
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Balances from enterprise funds statements are entered in the business-type activities sections of the government-wide statements without adjustment.
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Interfund activities and balances within governmental activities are eliminated.
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Both of the choices are true.
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Neither of the choices is true.
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