Which of the following organizations would not be subject to the level b accounting and reporting requirements of the AICPA's Audit and Accounting Guide: Not-for-Profit Organizations?

Question

Quizplus · Accepted Answer

A public school district would be a special purpose government which would not be subject to the AICPA's Audit and Accounting Guide: Not-for-Profit Organizations. American Heart Association, meals on wheels and public school districts are all private not-for-profit organizations which are subject to FASB 116 and 117.

Which of the Following Organizations Would Not Be Subject to the Level