Does the accounting guidance issued by FASB apply to proprietary funds? Explain.
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No Until recently proprietary funds were required to follow applicable FASB and AICPA pr...View the full answer
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Related Book For 
Introduction to Governmental and Not for Profit Accounting
ISBN: 978-0132776011
7th edition
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
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