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Author Question: For general purpose external financial reporting, component unit information a. is not presented. ... (Read 107 times)

cmoore54

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For general purpose external financial reporting, component unit information
 
  a. is not presented.
  b. is included in the government-wide statements only.
  c. is included in the fund financial statements only.
  d. is included in both the government-wide and the fund financial statements.

Question 2

When goods are bought under the perpetual inventory system, Merchandise Inventory is credited.
 a. True
   b. False
   Indicate whether the statement is true or false



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robbielu01

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Answer to Question 1

B

Answer to Question 2

False





 

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