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_____ Regarding External Financial Reporting for Governmental Units, Which of the Following

Question 202

Multiple Choice

_____ Regarding external financial reporting for governmental units, which of the following financial statements is not used in the fund-based statements?


A) Statement of revenues, expenditures, and changes in fund balances-Governmental Funds
B) Statement of fiduciary activities-Fiduciary Funds
C) Statement of revenues, expenses, and changes in net assets-Proprietary funds
D) Statement of cash flows-Proprietary Funds
E) None of the above

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