Members of the Governmental Accounting Standards Board are appointed by the:
A)Financial Accounting Standards Board.
B)Governmental Accounting Standards Board.
C)American Institute of Certified Public Accountants.
D)Financial Accounting Foundation.

Question

Quizplus · Accepted Answer

The members of the Governmental Accounting Standards Board are appointed by the Financial Accounting Foundation, which is responsible for overseeing the activities of both the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

Members of the Governmental Accounting Standards Board Are Appointed by The