NACUBO guidelines require both revenues and expenses for split sessions to be apportioned to the two fiscal years.

Name: NACUBO guidelines require both revenues and expenses for split sessions to be apportioned to the two fiscal years.
Brand: Quizplus
Rating: 4.7 (61 reviews)

Question

Quizplus · Accepted Answer

NACUBO guidelines do require both revenues and expenses for split sessions to be apportioned to the two fiscal years. This is because split sessions occur in between two fiscal years, making it necessary to allocate the financial data accordingly.

NACUBO Guidelines Require Both Revenues and Expenses for Split Sessions