Notre Dame University,a private institution,has level "A" GAAP established by the:
A) American Institute of Certified Public Accountants.
B) Governmental Accounting Standards Board.
C) Financial Accounting Standards Board.
D) National Association of College and University Business Officers

Question

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The Financial Accounting Standards Board (FASB) establishes GAAP for private institutions like Notre Dame University.

Notre Dame University,a Private Institution,has Level "A" GAAP Established by The