The Term Used to Describe the Application of Accounting to Expendable

question 17

Multiple Choice

The term used to describe the application of accounting to expendable fund entities is the:

• A) accrual method.
• B) cash method.
• C) modified cash method.
• D) modified accrual method.

---

Definitions:

Pressure Gauge

A tool or instrument used to measure the pressure of a gas or liquid in a system.

Gate Valve

A type of valve that uses a flat plate to open or close the flow of liquid in a pipeline, commonly used for on/off control rather than flow regulation.

Electronically Variable Steering

A technology that allows the steering response to adjust automatically based on speed, improving handling and comfort.

Full Redundancy

The duplication of critical components or functions of a system with the intention of increasing reliability of the operational capability.