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In fund financial statements, every fund uses ___________ of accounting but when they are consolidated to the government-wide financial statements, they are changed to _________.

In fund financial statements, every fund uses ___________ of accounting but when they are consolidated to the government-wide financial statements, they are changed to _________.

a.

Accrual basis, modified accrual basis

b.

Modified accrual basis, accrual basis

c.

Cash basis, accrual basis

d.

Accrual basis, modified cash basis

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