Question: Which of the following is a characteristic which differentiates a Special Revenue Fund from a General Fund? a. A special revenue fund is required to

Which of the following is a characteristic which differentiates a Special Revenue Fund from a General Fund?

a. A special revenue fund is required to be budgeted on the accrual basis.

b. A special revenue fund is established only if a revenue source is restricted or committed to expenditure for a specified purpose.

c. A governmental entity can only have one special revenue fund.

d. A special revenue fund reports by using the total economic resources measurement focus.

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