Question: Please answer correctly for a thumbs up :) 8. The Governmental Funds operating statement does not report a. Property tax revenues b. Revenues from charges

Please answer correctly for a thumbs up :)

8.

The Governmental Funds operating statement does not report

a.

Property tax revenues
b.

Revenues from charges for services provided
c.

Depreciation
d.

Long-term debt interest expenditures

9.

  1. Fiduciary Funds are not included in the Basic Financial Statements

    True

    False

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