Given a Specific Set of Data, the Basis of Accounting

question 19

Multiple Choice

Given a specific set of data, the basis of accounting selected by or imposed on a governmental entity will least affect which of the following?

• A)Determining whether or not the governmental entity has a balanced budget.
• B)Determining whether or not the governmental entity has the ability to issue debt.
• C)Determining whether or not certain economic events occurred.
• D)Determining the annual payments to a government-sponsored pension plan.