Which of the Following Fund Types Uses Modified Accrual Accounting

question 115

Multiple Choice

Which of the following fund types uses modified accrual accounting?

• A) Enterprise
• B) Capital Project
• C) Pension Trust
• D) Internal Service

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Definitions:

Example

A representative instance or case that is typical of a group or set of a larger concept, used to illustrate or explain a principle or process.

Modeling

The process of learning behavior by observing and imitating others.

Reward Consequences

The outcomes or benefits that follow from actions, often used as a method to reinforce positive behavior.

Behavior

The actions, reactions, or mannerisms made by an individual, in conjunction with the environment or stimuli.