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Home Q & A Board Other Fields Homework Help Business Accounting
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derro derro
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Posts: 866
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5 years ago
Which of the following statements is true about interfund transfers in an Enterprise Fund?
A.They are always reported as capital and related financing activities in the statement of cash flows.
B.They are always the last item reported immediately before the change in net position in the statement of revenues, expenses, and changes in fund net position.
C.They do not affect changes in net position of the proprietary fund.
D.They are always reported as noncapital financing activities in the statement of cash flows.
Textbook 
Governmental and Nonprofit Accounting

Governmental and Nonprofit Accounting


Edition: 11th
Authors:
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#1
5 years ago
B
derro Author
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#2
5 years ago
Thank you, thank you, thank you!
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