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WebFunds are considered major when both of the following conditions exist: (1) total assets, liabilities, revenues, or expenditures/expenses of that individual governmental or enterprise fund constitute 10 percent of the governmental or enterprise activity; and (2) total assets, liabilities, revenues, or expenditures/expenses are 5 percent of the ... WebMar 7, 2024 · Under the modified basis of accounting, revenue and governmental fund resources (such as the proceeds from a debt issuance) are recognized when they … WebGovernment - Feb 16 2024 Ebook: Essentials of Accounting for Governmental and Not-for-Profit Organizations - Jul 04 2024 Copley's Essentials of Accounting for Governmental and Not-for-Profit Organizations, 12e is best suited for those professors whose objective is to provide more concise coverage than what is available in larger … is technic a word