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Do any of classification have subclassification on financial

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Reference no: EM132644699

GASB Statement No. 54 uses up to five (5) classifications of Fund Balance.

Question a. Which of the five classifications of Fund Balance does your government report?

Question b. Do any of the classifications have subclassifications presented on the face of the financial statements?

Question c. Does your government report a negative amount in any classification of Fund Balance? If so, what classification?

Reference no: EM132644699

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