During our study of governmental funds, we were introduced to a new accounting treatment called modi

During our study of governmental funds, we were introduced to a new accounting treatment called modi

During our study of governmental funds, we were introduced to a new accounting treatment called modified accrual accounting. Please identify one accounting treatment that differs between accrual accounting and modified accrual accounting. Explain why you feel the modified accrual treatment is better or worse for the readers of the financial statements.1 page

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