ACC 410 Week 3 Quiz - Strayer
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Ongoing, First published Jul 24, 2017
ACC 410 Week 3 Quiz  - Strayer

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Chapter 2

Fund Accounting

TRUE/FALSE (CHAPTER 2)

1.	A fund is a separate fiscal and accountingentity with a self-balancing set of accounts.
	
2.	Fund accounting promotes control and accountability over restricted resources.
	
3.	The basis of accounting determines what transactions and events are recognized.
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