Which Fund Category Must Change from Modified Accrual to Accrual

question 131

Multiple Choice

Which fund category must change from modified accrual to accrual basis when preparing government-wide financial statements?

• A) Governmental
• B) Proprietary
• C) Fiduciary
• D) A & B only

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Definitions:

Adolescence

The phase of both physical and psychological growth that typically happens from puberty until reaching the age of majority.

Storm And Stress

A concept describing the period of adolescence in which teenagers are expected to display turbulent behavior, emotional instability, and conflict with parents.

Self-esteem

A person's personal assessment of their own significance or merit.

Behavior Problems

Actions or reactions by an individual that are disruptive or inappropriate according to societal norms, often indicating underlying psychological issues.