GASB Statement No.52 requires that endowments report investments at fair value unless the investments are in real estate
Correct Answer:
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Q40: An endowment that is for the benefit
Q42: Investments in a private-purpose trust fund should
Q46: When a contributor and a government agree
Q50: Investments in a pension trust fund should
Q52: Unfunded pension obligations are not reported in
Q54: Pension trust funds are required to present
Q57: When a contributor and a government agree
Q57: When a contributor and a government agree
Q60: Proprietary funds record unfunded pension obligations as
Q71: _ funds are created when individuals or
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