Question
For the following funds, indicate which measurement focus and basis of accounting they will follow. First associate the given descriptive fund name with the fund
For the following funds, indicate which measurement focus and basis of accounting they will follow. First associate the given descriptive fund name with the fund type, such as governmental type, proprietary type, or fiduciary type. Use Economic or Current for the measurement focus; that is, flow of ECONOMIC resources, flow of CURRENT financial resources. Use A for the accrual basis of accounting and MA for the modified basis of accounting.
Fund
Fund-type
Measurement Focus
Basis of Accounting
Motor pool fund
Police retirement fund
City hall construction fund
Water treatment fund
Drug forfeiture fund
City parks endowment fund
Pooled investment fund
Public safety childrens relief endowment fund
General Fund
2015 bond fund
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