Under Modified Accrual Accounting,when Are Revenues Considered to Be "Available

Multiple Choice

Under modified accrual accounting,when are revenues considered to be "available?"

A) when cash has been collected
B) when cash is collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period
C) when cash is on hand or reasonably expected to be collected at any time in the future so they can pay liabilities incurred in the current period
D) when property tax bills have been mailed