The GASB has the responsibility for establishing financial accounting standards for all of the following entities EXCEPT:
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Question:
The GASB has the responsibility for establishing financial accounting standards for all of the following entities EXCEPT:
A. state and local government entities.
B. veteran’s hospitals.
C. school districts.
D. art museum.
The expendable fund (governmental fund) measurement focus on:
A. the flow of current financial resources.
B. the flow of economic resources.
C. the flow of revenue, expenses, and net income.
D. none of these.
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: ?978-0073379609
15th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
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