A discussion of accounting policies regarding individual assets and liabilities is included in the significant accounting policies section of the notes to the financial statements.

Question

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The summary of significant accounting policy provides the government's accounting policies for its individual assets and liabilities, net position, and fund balances, such as definition of cash and cash equivalents, restricted cash and investments, capitalization policies and estimated useful lives of capital assets, and fund balance classifications.

A Discussion of Accounting Policies Regarding Individual Assets and Liabilities