Accounting MCQ
Governmental Accounting
Which of the following funds of a governmental unit recognizes revenues in the accounting period in which they become available and measureable I. General Fund II. Enterprise fund
Which of the following funds of a governmental unit recognizes revenues in the accounting period in which they become available and measureable I. General Fund II. Enterprise fund
Which of the following funds of a governmental unit recognizes revenues in the accounting period in which they become available and measureable
I. General Fund
II. Enterprise fund
a) I only
b) II only
c) both I and II
d) Neither I or II
Answer: A
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