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Under the reporting model required by GASB Statement 34, fund statements are required for governmental, proprietary, and fiduciary funds. Government-wide statements include the Statement of Net Assets and Statement of Activities. Answer the following question related to the reporting model: 1. What is the measurement focus and basis of accounting for: (a) governmental fund statements, (b) proprietary fund statements, (c) fiduciary fund statements, and (d) government-wide statements? no word count needed list any ref used

Under the reporting model required by GASB Statement 34, fund statements are required for governmental, proprietary, and fiduciary funds. Government­wide statements include the Statement of Net…