Governmental fund-basis statements are prepared using the <u>Modified accrual basis</u>, and must be converted to the <u>accrual basis </u>to be incorporated in the government-wide statements.
Accrual accounting is a method of financial accounting that allows an entity to record incoming revenue in their accounts even before payment for their product or service is received, and to deduct expenditure even before the payment is made.
Thus, even future transactions are recorded in the firm’s accounting books.
Modified accrual accounting is another financial accounting method. It is a combination of accrual accrual accounting and cash basis accounting. It records revenues and expenditures when receipts and liabilities are created.
It also leverages the simplicity of cash basis accounting.
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Answer:
The Philippine economy has also made progress in delivering inclusive growth, evidenced by a decline in poverty rates and its Gini coefficient. Is the Philippines Considered a Developing Country? Yes, the World Bank classifies the Philippines as a developing economy. High infant mortality rate, limited access to health care, and a low GDP per capital. When they fall under a high rate of population growth, low per capita income, primary sector dependence, high unemployment rates, and dependency on exports of primary commodities. Rapidly growing economy.
Explanation:
Answer: Motor expertise
Explanation:
According to the question, the research on the motor expertise is the ability to learn various types of motor skill in the specific domain of the expertise.
It is the process of determining the difference between the two difference performance within the similar domain like determining the performance or ability of the children as compared to the other adults while having the similar ability and the skills.
Therefore, the motor expertise is the correct answer.
I believe the answer is: Dialogue
Dialogue opened up opportunities for people with different point of view to gathers and presented their argument.
During this process, scientists could present their argument together with their concrete data which most likely increased people's trust and awareness toward scientific advancement<span />