Fiduciary Funds use the Accrual basis of accounting and are not included in the government-wide financial statements.

Name: Fiduciary Funds use the Accrual basis of accounting and are not included in the government-wide financial statements.
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Question

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Fiduciary Funds use the accrual basis of accounting, but they are excluded from government-wide financial statements because they are not resources available to support the government's own programs.

Fiduciary Funds Use the Accrual Basis of Accounting and Are