A government may report some of its funds on a full accrual basis.

Name: A government may report some of its funds on a full accrual basis.
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Governments may report certain funds, such as proprietary and fiduciary funds, on a full accrual basis to accurately reflect their financial position and the results of their operations, in contrast to the modified accrual basis used for governmental funds.

A Government May Report Some of Its Funds on a Full