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Which Bonds Should Be Reported on the Government-Wide Statement of Net

Question 71

Multiple Choice

Which bonds should be reported on the government-wide statement of net position?


A) Neither the 6.5 percent nor the 5 percent bonds.
B) Both the 6.5 percent bonds and the 5 percent bonds.
C) Only the 6.5 percent bonds.
D) Only the 5 percent bonds.

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