The accrual basis of accounting applicable to proprietary fund types requires that exchange revenues be recognized when: A. Earned.
B. Collected in cash.
C. Authorized by the budget ordinance.
D. Measurable and available.

Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false