Proprietary fund financial statements are prepared using the I. Economic Resources Measurement focus II. Current financial resources measurement focus III. Accrual Basis IV. Modified accrual basis

Proprietary fund financial statements are prepared using the
I. Economic Resources Measurement focus
II. Current financial resources measurement focus
III. Accrual Basis
IV. Modified accrual basis




a) I and III
b) II and IV
c) I and IV
d) II and III








Answer: A


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