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

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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