Infrastructure may or may not be capitalized by state and local governmental units.
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Q2: FASAB, GASB and FASB standards are set
Q20: GASB and FASB Concept Statements establish accounting
Q22: Under modified accrual accounting,revenues are recognized when
Q23: Comparison of the legally approved budget with
Q23: Fund-basis statements are presented for three categories
Q28: FASB sets the reporting standards for private
Q30: All funds of a governmental unit use
Q31: Internal Service funds are treated as governmental
Q32: Fiduciary funds include agency,pension trust,investment trust,and private-purpose
Q35: General fixed assets of the government are
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