The Disbursement Basis for Recognizing Resource Outflows Uses Which of the Following

question 22

Multiple Choice

The disbursement basis for recognizing resource outflows uses which of the following bases?

• A)The full accrual basis
• B)The accrual basis only as applied to liabilities
• C)The accrual basis only as applied to expenses
• D)The cash basis

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Definitions:

Biological Mechanism

The processes and systems within living organisms that lead to observable phenomena.

Deep Processing

In the encoding of information, the processing of meaning rather than simply the physical or sensory features of a stimulus.

Sensory Register

A memory system that momentarily preserves extremely accurate images of sensory information.

Holding Bin

A temporary storage area or method used for organizing and managing information or materials until they are needed.