Governmental funds include all EXCEPT:
✓ Correct Answer: Option B
Enterprise funds are proprietary (business-type), not governmental. Governmental funds: General, Special Revenue, Debt Service, Capital Projects, Permanent.
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This 2-level CPA Exam Prep question from the Financial Accounting (FAR) topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.
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