Question: The Governmental Accounting Standards Eioard is assigned responsibility for setting accounting and financial reporting standards for which of the following? Multiple Choice 0 Govemments such

The Governmental Accounting Standards Eioard is assigned responsibility for setting accounting and financial reporting standards for which of the following? Multiple Choice 0 Govemments such as federal agencies, states, cities, counties, villages, and townships. State and local government entities and governmentallv-related units and agencies, such as utilities, authorities, hospitals, and colleges and universities. O Notforprot organization s. 0 State and local governments and all notforprofit organizations

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