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Question # 53

Which basis of accounting is used in fiduciary funds?

Options:

A.

Cash basis

B.

Accrual basis

C.

Modified accrual basis

D.

Budgetary basis

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CGFM Overview

Name Certified Government Financial Manager
Code CGFM
Vendor Finance, Insurance and Real Est
Certification Association of Government Accountants (AGA)

CGFM Questions