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Exhibit (j) CONSENT OF INDEPENDENT AUDITORS We consent to the reference to our firm under the captions "Financial Highlights" and "Counsel and Independent Auditors" and to the use of our report dated May 5, 2000, which is incorporated by reference, in this Registration Statement (Form N-1A No. 333-26513) of Dreyfus Institutional Preferred Money Market Funds. ERNST & YOUNG LLP New York, New York October 11, 2000
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