Recall the core modified accrual cues that prevent close-period misclassification.
What does modified accrual ask about revenue recognition? Whether revenue is measurable and available under the government's policy. Measurable alone is not enough for governmental funds. Current financial resources versus economic resources Governmental funds focus on near-term spendable resources; government-wide statements focus on assets, liabilities, and full cost over time. Use the fund lens before posting, then bridge to government-wide adjustments. Department says: "The amount is known, so record the revenue now." The amount being known addresses measurable. We still need to test availability for governmental-fund revenue. The amount is known, so record it now. Your line Known amount is…
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