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.
1. In governmental accounting the resources of the government are accounted for in funds. Funds are defined as an independent accounting entity with a self-balancing set of accounts. In other words, within each fund, the basic accounting equation (Assets = Liabilities + Equity) still applies.. The equity accounts in governmental accounting are referred to as fund balance. The fund balance accounts are more of a balancing item as contrasted to rights of owners in a business enterprise.