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  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 5: Accounting for General Capital Assets and Capital Projects
  5. Question
    State Laws Often Require That Assets No Longer Needed in a Capital
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State Laws Often Require That Assets No Longer Needed in a Capital

Question 83

Question 83

True/False

State laws often require that assets no longer needed in a capital projects fund be transferred to the fund that will service the debt incurred for the project, a debt service fund.

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