Indicate which of the following use Modified Accrual Accounting?
$\begin{array}{lcccc}
&&\text { Government- }\

&& \text {wide}&&
\text {Interna}\
&\text { Capital}& \text { Financial}&\text { Special Revenue }&\text { Service }\
&\underline{ \text { Projects Fund }} &\underline{ \text { Statements }} & \underline{\text { Fund} } & \underline{\text { Fund } }\
\text { A) } & \text { No } & \text { Yes } & \text { No } & \text { Yes } \
\text { B) } & \text { Yes } & \text { No } & \text { Yes } & \text { No } \
\text { C) } & \text { Yes } & \text { No } & \text { Yes } & \text { Yes } \
\text { D) } & \text { Yes } & \text { Yes } & \text { No } & \text { No }
\end{array}$

Question

Indicate which of the following use Modified Accrual Accounting?
$\begin{array}{lcccc}
&&\text { Government- }\

&& \text {wide}&&
 \text {Interna}\
&\text { Capital}& \text { Financial}&\text {  Special Revenue }&\text { Service }\
&\underline{ \text { Projects Fund }} &\underline{ \text { Statements }} & \underline{\text { Fund} } & \underline{\text { Fund } }\
\text { A) }   & \text { No } & \text { Yes } & \text { No } & \text { Yes } \
\text { B) } & \text { Yes } & \text { No } & \text { Yes } & \text { No } \
\text { C) } & \text { Yes } & \text { No } & \text { Yes } & \text { Yes } \
\text { D) } & \text { Yes } & \text { Yes } & \text { No } & \text { No }
\end{array}$

Quizplus · Accepted Answer

Governmental funds Permanent, Debt Service, Capital Project, Special Revenue and General) use modified accrual accounting and the current financial resources measurement focus. Government-wide statements and proprietary Internal Service and Enterprise) and fiduciary funds Private Purpose Trust, Investment Trust, Pension Trust and Agency) use accrual accounting and the economic resources measurement focus.

Indicate Which of the Following Use Modified Accrual Accounting