Which Measurement Focus and Basis of Accounting Should an Investment $\begin{array} { l l }\quad \text { Measurement Focus }&\quad \quad \quad \text { Basis of Accounting } \end{array}$

Short Answer

Which measurement focus and basis of accounting should an Investment Trust Fund use? $\begin{array} { l l }\quad \text { Measurement Focus }&\quad \quad \quad \text { Basis of Accounting } \end{array}$
A) $\begin{array} { l l } { \text { Economic resources } } &\quad \quad \quad \quad \text { Modified accrual } \\\end{array}$
B) $\begin{array} { l l } \text { Current financial resources } &\quad \text { Modified accrual } \\\end{array}$
C) $\begin{array} { l l }\text { Economic resources } &\quad \quad \quad \quad \text { Accrual } \\\end{array}$
D) $\begin{array} { l l } \text { Current financial resources } &\quad \text { Accrual }\end{array}$