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Which of the Following Has the Highest Level of Authority

Question 23

Multiple Choice

Which of the following has the highest level of authority for a government in the governmental GAAP hierarchy?


A) A FASB standard on pension accounting.
B) A GASB standard on pension accounting.
C) AICPA state and local government audit guide coverage of pensions.
D) The coverage of pensions in a Journal of Accountancy article.

Correct Answer:

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