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Accounting for Governmental & Nonprofit Entities 17th Edition by Jacqueline Reck,Suzanne Lowensohn,Earl Wilson
Edition 17ISBN: 978-1259564239Accounting for Governmental & Nonprofit Entities 17th Edition by Jacqueline Reck,Suzanne Lowensohn,Earl Wilson
Edition 17ISBN: 978-1259564239 Exercise 4
The Beth House Museum is a nongovernmental not-for-profit organization. At the annual meeting, one of the new board members said, "I took a couple of accounting classes in college and we can choose to use either the FASB rules or the GASB rules." Do you agree with the board member? Why or why not?
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Accounting for Governmental & Nonprofit Entities 17th Edition by Jacqueline Reck,Suzanne Lowensohn,Earl Wilson
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