Question: The body with primary accounting standards - setting authority for colleges and universities is the Group of answer choices Financial Accounting Standards Board. Governmental Accounting

The body with primary accounting standards-setting authority for colleges and universities is the
Group of answer choices
Financial Accounting Standards Board.
Governmental Accounting Standards Board.
National Association of College and University Business Officers.
Governmental Accounting Standards Board for governmental colleges and universities and the Financial Accounting Standards Board for all other colleges and universities.

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