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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 2: Principles of Accounting and Financial Reporting for State and Local Governments
  5. Question
    In Accounting for State and Local Governments the Modified Accrual
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In Accounting for State and Local Governments the Modified Accrual

Question 11

Question 11

Multiple Choice

In accounting for state and local governments the modified accrual basis is required for


A) Proprietary and fiduciary funds.
B) Governmental funds.
C) Governmental and fiduciary funds.
D) Governmental and internal service funds.

Correct Answer:

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