Identify the effect of modified accrual basis of accounting and current financial resources measurement focus on the Fund Financial Statements of Governmental Funds

a.

Current Assets and Current Liabilities are not reported in the Fund Balance Sheet

b.

Long term Assets and Long term Liabilities are not reported in the Fund Balance Sheet

c.

None of these

d.

Cash, Tax Receivable and Accounts Payable are not reported in the Fund Balance Sheet