Recurve bow. A recurve bow is a bow with limbs that curve away from the archer when unstrung. A recurve bow stores more energy and delivers energy more efficiently than the equivalent straight-limbed bow, giving a greater amount of energy and speed to the arrow.
Measurement Focus and Basis of Accounting. Traditionally, the majority of governmental financial information has been maintained and reported in the fund financial statements on the modified accrual basis of accounting or the accrual basis for business-type activities.
This measurement focus considers financial resources only and uses an accrual basis of accounting. The flow of financial resources measurement focus for governmental fund operating statements is responsive to the governmental environment and the needs of users of governmental financial reports.