Why are the revenues and expenditures of governmental- type funds independent of each other?

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Why are the revenues and expenditures of governmental- type funds “independent” of each other?

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Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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Question Posted: Dec 30, 2014 04:52 AM

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Why are the revenues and expenditures of governmental- type funds independent of each other?

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Introduction to Governmental and Not for Profit Accounting

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