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    Government and Not for Profit Accounting Study Set 1
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    Exam 13: Colleges and Universities
  5. Question
    Although It No Longer Is Required for External Financial Reporting
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Although It No Longer Is Required for External Financial Reporting

Question 1

Question 1

Multiple Choice

Although it no longer is required for external financial reporting, the AICPA's 1973 Audits of Colleges and Universities provides for which of the following in its guidance on fund structure?


A) Plant funds
B) Loan funds
C) Annuity funds
D) All of the above

Correct Answer:

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