Under the definition of the modified accrual basis of accounting, depreciation cannot be reported in the operating statements of "governmental" funds.

Name: Under the definition of the modified accrual basis of accounting, depreciation cannot be reported in the operating statements of "governmental" funds.
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The Answer of Under the definition of the modified accrual basis of accounting, depreciation cannot be reported in the operating statements of "governmental" funds.

Under the Definition of the Modified Accrual Basis of Accounting