Eligibility requirement of a reimbursement-type federal


When would a special revenue fund be deemed to have satisfied the eligibility requirement of a reimbursement-type federal grant under GASB Statement 33?

A. When work has started for the project

B. When a plan for use of the funds has been developed and approved

C. Only as work is completed for a project

D. Only after work is completely finished for the project

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Accounting Basics: Eligibility requirement of a reimbursement-type federal
Reference No:- TGS065370

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