Which of the Following Statements Is Always True Concerning the Reporting

question 11

Multiple Choice

Which of the following statements is always True concerning the reporting of debt service funds?

• A) Debt service funds are reported in a separate column in the governmental fund financial statements.
• B) Debt service funds are reported in a separate column in the government-wide financial statements.
• C) Debt service funds are reported in the Other Governmental Funds column in the governmental fund financial statements.
• D) Debt service funds are reported in the Governmental Activities column in the government-wide financial statements.

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