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Answer the following questions. Answers must be a minimum of45

Answer the following questions.  Answers must be a minimum of45 words and referenced if other work is cited.

1.  How is a private purpose trust fund different from a permanent fund?

2.  What typically are the main adjustments relating to capital assets and long-term obligations required to convert the government funds statement of revenues and expenditures to the government-wide statement of activities?

3. How does discrete presentation differ from blending? When is each appropriate?


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