Which Basis of Accounting Is Used by Funds That Have

question 16

Multiple Choice

Which basis of accounting is used by funds that have a current financial resources measurement focus?

• A)full accrual basis
• B)cash basis
• C)modified accrual basis
• D)modified cash basis

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Definitions:

Removal

The act of taking something away or off from the position occupied.

Disappearance

The act of someone going missing, either by intent or through unforeseen circumstances, leading to uncertainty about their whereabouts and well-being.

Avoidance

A defense mechanism involving keeping away from stressful situations or distressing thoughts and feelings to minimize anxiety or discomfort.

Systematic Desensitization Therapy

A behavioral therapy technique designed to reduce phobic or anxiety responses through gradual exposure to the feared object or situation, combined with relaxation exercises.