Accounting MCQ Governmental Accounting Items reported only in the fund financial statements of a general purpose government are those arising from

Items reported only in the fund financial statements of a general purpose government are those arising from

Naim 22:58 Governmental Accounting

Items reported only in the fund financial statements of a general purpose government are those arising from

a) Proprietary activities
b) Fiduciary activities
c) Exchange-like transactions
d) Non Exchange-like transactions

Answer: B

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