A revenue item must be objectively measurable, as well as available, to be accrued as governmental fund

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A revenue item must be objectively measurable, as well as available, to be accrued as governmental fund revenue. What is meant by the term objectively measurable in this context?

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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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Question Posted: Oct 25, 2014 04:53 AM

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A revenue item must be objectively measurable, as well as available, to be accrued as governmental fund

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Objectively measurable means reasonably estimable an...View the full answer

Governmental and Nonprofit Accounting

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