Ask Question
19 November, 21:44

The basis of accounting that should be used in preparing fund financial statements is: Governmental funds Proprietary funds Fiduciary funds

A) Modified accrual Accrual Modified accrual

B) Modified accrual Modified accrual Modified accrual

C) Modified accrual Accrual Accrual

D) Accrual Accrual Accrual

+1
Answers (1)
  1. 20 November, 01:38
    0
    C) Modified accrual Accrual Accrual

    Explanation:

    The basis of accounting that should be used in preparing fund financial statements is: Governmental funds Proprietary funds Fiduciary funds

    Governmental Funds: Modified Accrual

    Proprietary Funds: Accrual

    Fiduciary Funds: Accrual
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The basis of accounting that should be used in preparing fund financial statements is: Governmental funds Proprietary funds Fiduciary funds ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers