FASB standards applicable to private colleges and universities require that their financial statements A) Provide separate columns for each fund…

23. FASB standards applicable to private colleges and universities require that their financialstatementsA) Provide separate columns for each fund group.B) Provide aggregated financial information on an entity-wide basis.C) Include a statement of changes in fund balances.D) Include a statement of cash flows prepared using the direct method.

Option- aFASB standards applicable to private colleges and universities require that their financialstatements provide separate columns for each fund group.

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