Question: please answer BOTH lf the these following questions 3. There are two types of measurement focus - Current Financial Resources and Economic Resources. There are

please answer BOTH lf the these following questions  please answer BOTH lf the these following questions 3. There are
two types of measurement focus - Current Financial Resources and Economic Resources.

3. There are two types of measurement focus - Current Financial Resources and Economic Resources. There are two types of basis of accounting - Full Accrual and Modified accrual. What measurement focus and what basis of accounting apply to each fund category? (6pt) FUND CATEGORY Governmental Funds MEASUREMENT FOCUS BASIS OF ACCOUNTING a b d Proprietary Funds Fiduciary Funds e f 10. Arrange these fund balance categories in order of most restricted to least restricted: Assigned, Committed, Nonspendable, Restricted, Unassigned a Most restricted b d e Least restricted

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