Question: 14. When local law involves that local governments organize general fund and special revenue fund budgets on a basis that differs from the basis

14. When local law involves that local governments organize general fund and 

14. When local law involves that local governments organize general fund and special revenue fund budgets on a basis that differs from the basis of accounting required by generally accepted accounting principles (GAAP), so what is the proper statement from below statements: (2 Points) A) Long-term liability, B) Reservation of unassigned fund balance C) Budgetary account. D) 8 and C. E) None of the Above.

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