QUESTION1 What is the major source for information about the financial condition of a government? a. Basic Financial Statements O b. Annual Budget c. Comprehensive Annual Financial Report Od. Management Discussion and Analysis QUESTION 2 4 points Saved Under which method of accounting are expenses recognized when assets are used up? a. Accrual Ob. Modified Cash O.Modified Accrual o d. Cash QUESTION 3 points Saved Of the following, which is NOT a category that not-for-profits report net assets. 0 a. Long-term Restricted .Unrestricted OC. Temporarily Restricted .O d.Permanently Restricted