Rule 10.10.402 - FOCUS OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES(1) The primary focus during the implementation of generally accepted accounting principles shall be accounting methods and internal financial reporting.(2) Each district's accounting methods shall provide information to present fairly and with full disclosure the financial position and results of financial operations of the funds and account groups of the district in conformity with generally accepted accounting principles, except that for budgetary control purposes, encumbrances may be recorded as expenditures in the accounting records.Mont. Admin. r. 10.10.402
NEW, 1990 MAR p. 717, Eff. 4/13/90.20-9-102, 20-9-201, MCA; IMP, 20-9-201, MCA;