In governmental fund statements revenues are reported by ________ and expenditures are reported by _______and by _________.
A) source, character, function
B) source, source, character
C) function, character, source
D) function, function, source

Question

Quizplus · Accepted Answer

Revenues are reported by source, while expenditures are reported by both character and function in governmental fund statements.

In Governmental Fund Statements Revenues Are Reported by ________ and Expenditures