1. Look at any CAFR of interest and discuss the revenues

Alpha Company had the following information for FY 2017
May 5, 2020
Fact Pattern:Donnelly Corporation manufactures
May 5, 2020

1. Look at any CAFR of interest and discuss the revenues that you

note are common to that government. Do you find any that are unusual? Tell us about them. One weird revenue that I see is that governments have state or county-owned liquor stores. What odd revenue sources can you find around the country?
2. What are the “real” differences between full accrual accounting and modified accrual accounting? Give a specific example of how the two are different.

 
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