The City of Vermillion has a number of transactions that affected its Sewer Fund which is operated
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Question:
The City of Vermillion has a number of transactions that affected its Sewer Fund which is operated as an enterprise fund. Which of the following is not a component of the city's net position?
Restricted net position
Assigned net position
Net investment in capital assets.
Unrestricted net position
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Correct answer Net investment in capital assets Explanati... View the full answer
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