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Proprietary fund have two financial statements - the statement of net position and the statement of revenues, expenditures, and changes in net position.
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Q43: Problem 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7329/.jpg" alt="Problem 1
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Q66: Capital budgets concentrate on long-lived assets.
Q74: Expenses:<br>A) are costs the company incurs in