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Which of the following statements is false? a. Capital leases are not commonly reported in a Capital Projects Fund. b. A governmental entity may report
Which of the following statements is false?
a. Capital leases are not commonly reported in a Capital Projects Fund.
b. A governmental entity may report a Capital Project Fund in one year but not the next.
c. Budgetary entries are commonly made in a Capital Projects Fund.
d. Debt service payments on capital-related debt are paid from a Capital Projects Fund.
e. All of the above statements are false statements.
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