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Which of the following statements is correct? Enterprise funds report bad debt expense in the operating expenses section of the statement of revenues, expenses, and
- Which of the following statements is correct?
- Enterprise funds report bad debt expense in the operating expenses section of the statement of revenues, expenses, and changes in net positon.
- On an enterprise funds statement of net position, the amount reported for restricted net position can be based upon a constraint imposed by the governing body of the local government.
- A and B.
- Neither A nor B.
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