Which of the following uses the flow of economic resources measurement focus?

Question

Quizplus · Accepted Answer

The Internal Service Fund uses the flow of economic resources measurement focus, which means that it reports inflows and outflows of economic resources (cash, investments, and other assets) and recognizes revenues and expenses when the underlying activity (provision of goods or services) occurs, rather than when cash is received or paid out. The other funds listed use the current financial resources measurement focus, which means that they focus on cash and other financial assets available in the current period.

Which of the Following Uses the Flow of Economic Resources