In the public sector, the method of accounting that reports revenues and expenditures in the period in which they are received and paid is called?
A fund accounting
B commitment accounting
C cash accounting
D accrual accounting
Answer is C
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In the public sector, the method of accounting that reports revenues and expenditures in the period in which they are received and paid is called?
A fund accounting
B commitment accounting
C cash accounting
D accrual accounting
Answer is C