During the current year, a government buys land for $80,000. Which of the following is not true?
a.The land could be reported as an asset by the business-type activities in the government-wide financial statements.
b.The land could be reported as an asset by the governmental activities in the government-wide financial statements.
c.The land could be reported as an asset by the proprietary funds in the fund-based financial statements.
d.The land could be reported as an asset by the governmental funds in the fund-based financial statements.
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