re: BEC CPA Question

I don't remember much govt acct either. I've definitely forgotten the vast majority of it, but I appreciate that I can re-learn it rather quickly if I needed to, for whatever reason. I don't think agency funds typically have depreciation in them, but its because of the make-up of the assets, as they are essentially just holding companies and I don't think they even have income statements, not because of the basis of accounting.