Solved

To What Extent Do Organizations That Use Fund Accounting Also

Question 10

Multiple Choice

To what extent do organizations that use fund accounting also report on the entity as a whole?


A) Organizations that use fund accounting are not required to report on the entity as a whole
B) Organizations that choose to report on the entity as a whole are not permitted to use fund accounting for internal purposes
C) Organizations that use fund accounting are required to report on the entity as a whole
D) Organizations that use fund accounting have the option of reporting either on funds or on the organization as a whole

Correct Answer:

verifed

Verified

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

Related Questions