Which of the following federal officials is a "principal" of the Joint Financial Management Improvement Program who considers and approves or disapproves accounting and reporting standards recommended by the Federal Accounting Standards Advisory Board?

Question

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The Comptroller General, as head of the Government Accountability Office (GAO), is a "principal" of the Joint Financial Management Improvement Program (JFMIP) and has the authority to approve or disapprove accounting and reporting standards recommended by the Federal Accounting Standards Advisory Board (FASAB). The Chair of FASAB is responsible for leading the board in developing and recommending accounting standards, but does not have the authority to approve or disapprove them. The Secretary of the Interior and Director of the Congressional Budget Office are not directly involved in JFMIP or FASAB decision-making.

Which of the Following Federal Officials Is a "Principal" of the Joint