menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
  5. Question
    Revenues,but Not Expense Are Recorded the Same Under Accrual and Modified
Solved

Revenues,but Not Expense Are Recorded the Same Under Accrual and Modified

Question 136

Question 136

True/False

Revenues,but not expense are recorded the same under accrual and modified accrual accounting.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Modified accrual accounting records encumbrances when goods

Q52: Which of the following results in an

Q89: GASB requires that the budgetary basis of

Q113: Expenditure classification by character includes current, capital

Q133: Under GASB Statement 33 requirements for accrual

Q133: Under modified accrual accounting,property tax revenue should

Q137: The general ledger journal entry in the

Q138: When recording the budget,an excess of estimated

Q139: Under modified accrual accounting,budgetary authority expires at

Q141: Property Taxes,special assessments,and fines and forfeits are

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines