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Which of the following fund balance types would increase, when cash received is restricted internally by the highest authority in the organization per GASB 54, Fund Balance Reporting and Governmental Fund Type Definitions for Governmental Funds? A. Restricted. B. Committed. C. Unreserved. D Assigned

Which of the following fund balance types would increase, when cash received is restricted internally by the highest authority in the organization per GASB 54, Fund Balance Reporting and Governmental Fund Type Definitions for Governmental Funds? A. Restricted. B. Committed. C. Unreserved. D Assigned

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which of the following fund balance types would increase, when cash received is restricted internally by the highest authority in the organization per GASB 54, Fund Balance Reporting and Governmental Fund Type Definitions for Governmental Funds? A. Restricted. B. Committed. C. Unreserved. D. Assigned
Transcribed Image Text:Which of the following fund balance types would increase, when cash received is restricted internally by the highest authority in the organization per GASB 54, Fund Balance Reporting and Governmental Fund Type Definitions for Governmental Funds? A. Restricted. B. Committed. C. Unreserved. D. Assigned
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