Governmental fund financial statements are prepared using the Current Economic Financial Resources Resources Measurement Measurement Accrual Focus Focus Basis Modified Accrual Basis Select one: O a. Yes No Yes No Ob No Yes Yes No O c. Yes No No Yes O d. No Yes No Yes Governmental financial reporting should provide information to assist users in which situation(s)? 1. Making social and political decisions II. Assessing whether current-year citizens received services but shifted part of the payment burden to future-year citizens Select one: O a. Il only. O b. I only O c. Both I and II. d. Neither I nor