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Author Question: Which of the following activities would most likely be accounted for in an Agency Fund that would be ... (Read 44 times)

elizabeth18

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Which of the following activities would most likely be accounted for in an Agency Fund that would be reported in the external financial statements?
 
  A. Tax collections by a county on behalf of local municipalities.
  B. Interfund loan payments and disbursements.
  C. A Federal pass-through grant.
  D. Special assessments for debt on which the government is not obligated in any manner.

Question 2

A record is a collection of related data fields pertaining to a particular entity or event.
  Indicate whether the statement is true or false



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Meganchabluk

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Answer to Question 1

A

Answer to Question 2

T




elizabeth18

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


lcapri7

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Reply 3 on: Yesterday
Excellent

 

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