Special-purpose governments engaged in business type activities only are required to prepare both proprietary fund and government-wide financial statements.
Correct Answer:
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Q22: The Government-wide financial statements include a separate
Q24: Prior-year data is required for government-wide financial
Q26: Notes to the financial statements must distinguish
Q27: Government-wide statements are to be prepared using
Q30: The basic financial statements of a state
Q32: Governmental-type fund financial statements do not include
Q35: Entities which are determined to be component
Q36: The fiduciary fund financial statements are prepared
Q37: Governmental-type fund financial statements include the Balance
Q40: Only governmental fund statements include separate columns
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