The GASB and the FASB are parallel bodies under the oversight of the Financial Accounting Foundation FAF
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Q37: Measurement focus refers to those items, such
Q38: The Financial Accounting Standards Board has authority
Q39: FASAB, GASB and FASB standards are set
Q40: Internal Service funds are treated as governmental
Q41: Depreciation on capital assets is included as
Q43: The term "proprietary funds" applies to:
A) all
Q44: According to GASB standards relating to Budgetary
Q45: According to FASB standards relating to Budgetary
Q46: According to GASB standards relating to Budgetary
Q47: A government may have two or more
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