Examlex
Presenting information to be learned in the style most accommodating to the individual student's needs is called
Modified Accrual Accounting
This accounting method recognizes revenues when they become available and measurable and expenses when incurred, blending elements of both cash and accrual accounting.
Accrual Accounting
An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash is received or paid.
Proprietary Fund Types
Types of funds used by governmental entities to account for activities similar to those found in the private sector, where the intent is to recover costs through user charges.
Internal Service Funds
Funds used by a government entity to account for the services provided by one department to other departments on a cost-reimbursement basis.
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