GASB Codification Section N50.104 divides all eligibility requirements into four general classifications including all of the following except:
A) Required characteristics of the recipients.
B) Time requirements.
C) Reimbursement.
D) Contingencies.
E) Refunding.

Question

Quizplus · Accepted Answer

The four general classifications of eligibility requirements according to GASB Codification Section N50.104 are required characteristics of the recipients, time requirements, reimbursement, and contingencies. Refunding is not one of these classifications.