Business
Business, 18.10.2019 01:20, calvincdavis20981

Which of the following is not true for capital projects funds?
a. capital projects funds use the modified accrual basis of accounting.
b. encumbrance accounting is generally used.
c. capital projects funds use a construction work in progress account to record costs until the project is completed.
d. capital projects funds have a project-life focus.

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Answers: 2

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Which of the following is not true for capital projects funds?
a. capital projects funds use...

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