What Basis of Accounting Is Used by Proprietary Funds

question 17

Multiple Choice

What basis of accounting is used by proprietary funds?

• A)Modified accrual accounting
• B)Accrual accounting
• C)Cash basis accounting
• D)Fair value accounting

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Definitions:

Egalitarian

The principle or belief that all people are equal and deserve equal rights and opportunities.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and drugs, leading to addiction or other negative impacts.

Mental Abuse

A form of abuse involving the use of language, behavior, or manipulation to undermine someone's mental health and well-being.

Women's Participation

Women's participation refers to the involvement and active engagement of women in various aspects of society, including politics, education, employment, and decision-making processes.