Question: The answer I thought it was is incorrect. Can anyone help? Which of the following statements is correct about the reporting of governmental funds? Government-wide

 The answer I thought it was is incorrect. Can anyone help?

The answer I thought it was is incorrect. Can anyone help?

Which of the following statements is correct about the reporting of governmental funds? Government-wide financial statements measure revenues and expenditures based on accrual accounting. Government-wide financial statements measure revenues and expenses based on modified accrual accounting. Fund financial statements measure revenues and expenditures based on modified accrual accounting. Fund financial statements measure revenues and expenses based on accrual accounting

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