A Reconciliation from Enterprise Funds Statements to Government-Wide Statements Is

Multiple Choice

A reconciliation from Enterprise funds statements to government-wide statements is not necessary because …

A) They both use the same measurement focus and basis of accounting (economic resources, accrual)
B) They both use the same measurement focus and basis of accounting (current financial resources, modified accrual)
C) They use a different measurement focus and basis of accounting
D) They use a different measurement focus and basis of accounting.