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Which of the following is/are reporting requirements in funds-based statements under GASB Statement No.34? the statements hig
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Answer #1

Ans:

Correct Answer is Option d.All of the Above

Explanation:

The reporting requirements in funds-based statements under GASB Statement 34 are

The statements highlight major funds and aggregate non major funds into one column and
provide detailed information about short term spending and fiscal compliance and
separate funds based statements are required for governmental, proprietary, and fiduciary funds

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