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Answer the Following Related to Accounting and Financial Reporting for Public

Question 103

Essay

Answer the following related to accounting and financial reporting for public colleges and universities:
a.What choices exist for financial reporting by public colleges and universities,according to GASB Statement 35?
b.Indicate the contents required for a financial report for those public colleges and universities that choose to report as special-purpose entities engaged only in business-type activities.

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a.GASB Statement 35 indicates that publi...

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