As Compared with Modified Accrual Accounting, Full Accrual Accounting for Governments

Multiple Choice

As compared with modified accrual accounting, full accrual accounting for governments

A) more accurately reports the impact of current activities on future financial condition.
B) provides more complete information on the government's ability to pay creditors.
C) more accurately monitors whether the government's activities are within the constraints of the legal budget.
D) provides more accurate information on internal and external constraints on the ability of the government to spend resources.