Proprietary Funds Utilize What Basis of Accounting

question 31

Multiple Choice

Proprietary funds utilize what basis of accounting?

• A) Modified accrual.
• B) Accrual.
• C) Cash.
• D) Budgetary.

---

Definitions:

Reported Information

Information that has been conveyed or disclosed by one party to another, often in a formal context.

Analysis

The process of examining the components or structure of something, typically for the purpose of discussion or interpretation.

REM Sleep

A stage of sleep characterized by rapid eye movement, increased brain activity, and vivid dreaming.

Psychological Disorder

A pattern of behavioral or psychological symptoms that impact multiple areas of life and create distress for the person affected.