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Measurement focus and basis of accounting


Proprietary funds use which of the following measurement focus and basis of accounting?

  • Economic resources measurement focus and modified accrual basis of accounting.
  • Current financial resources measurement focus and modified accrual basis of accounting.
  • Economic resources measurement focus and accrual basis of accounting.
  • Current financial resources measurement focus and accrual basis of accounting.

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Accounting Basics: Measurement focus and basis of accounting
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