Question 29 When certain governments share each other's debt and the reporting government must bear the debt for legal services is: General Obligation Debt Conduit Debt Moral Obligation Debt Overlapping Debt Question 30 Why are the proprietary funds on the accrual basis? The modified-cash method would overstate expenses and understate revenues. The modified-accrual measures both what is available and measurable. They are businesses just like a for-profit entity They are businesses just like a not-for-profit entity