Which of the following funds of a governmental unit recognizes revenues in the accounting period in...
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Which of the following funds of a governmental unit recognizes revenues in the accounting period in which they become available and measurable? Enterprise Fund General Fund A. Yes No B. No Yes C. Yes Yes D. No No Which of the following funds of a governmental unit recognizes revenues in the accounting period in which they become available and measurable? Enterprise Fund General Fund A. Yes No B. No Yes C. Yes Yes D. No No
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1Correct answer is A The general fund is accounted for on the modified accrual ... View the full answer
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