The Modified Accrual Basis of Accounting Is Used for

question 24

Multiple Choice

The modified accrual basis of accounting is used for

• A)governmental funds.
• B)proprietary funds.
• C)internal service funds.
• D)both A and C.

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Definitions:

Chronic Stressor

A persistent source of stress that continues over an extended period, potentially leading to long-term health and psychological issues.

Discriminated Against

Treated unjustly or unfavorably on the basis of certain characteristics, such as race, age, gender, or disability.

Restless

Characterized by an inability to rest or relax, often resulting from anxiety, boredom, or a desire for change or activity.

Competitive

Pertaining to, involving, or characterized by competition.