Which even is is supportive of interperiod equity as financial reporting objective of a governmental unit? A balanced budget is adopted. Transfers out equal transfers in only. only. Both I and II Neither I or II Fund accounting is used by governmental units with resources that must be Composed of cash or cash equivalents. Incorporated into combined or combining financial statements. Segregated for the purpose of carrying on specific activities or attaining certain objectives. Segregated physically according to various objectives. What is the basic criterion used to determine the reporting entity for a governmental units? Special financing arrangement Geographic boundaries Scope of public services Financial accountability