In the federal government, proprietary accounts are those that a. Provide the data required to prepare
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In the federal government, " proprietary accounts" are those that
a. Provide the data required to prepare accrual-basis financial statements
b. Provide the data required to prepare budget-basis financial statements
c. Are used to account for business-type activities
d. Are used to account for classified information that cannot be made public for security reasons
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Related Book For
Government And Not For Profit Accounting Concepts And Practices
ISBN: 9781119803898
9th Edition
Authors: Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese
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