Examlex
Which of the following statements regarding the Equal Rights Amendment (ERA) is FALSE?
Modified Accrual Accounting
An accounting method that recognizes revenues when they become available and measurable and expenses when they are incurred, used often by government entities.
Revenue Recognition
An accounting principle that determines the specific conditions under which income becomes realized or realizable, and thus recognized as revenue.
Property Taxes
Taxes levied by local governments based on the assessed value of real property.
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