Question: 3. A statement of function expense is required for which of the following private not-for-profit organization? O Hospital O Voluntary Health and Welfare Organization O

3. A statement of function expense is required for which of the following private not-for-profit organization? O Hospital O Voluntary Health and Welfare Organization O Fraternal Organization O College 4. In which of the following fund types of a local government are revenues and expenditures recognized on the same basis of accounting as the general fund? O Private purpose trust fund O Enterprise fund Agency fund Capital project fund
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