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In the government-wide statement of activities, depreciation of:

A. General infrastructure assets should be allocated to the various functions.

B. General infrastructure assets must be presented as a separate line item.

C. Capital assets shared by some of the government's functions is an indirect expense.

D. Capital assets shared by all of the government's functions is not required to be included in the direct expenses of those functions.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M942973

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