Governmental and Nonprofit Accounting
Quiz 1 :
Governmental and Nonprofit Accountingenvironment and Characteristics
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Q03 Q03 Q03
Prior to the creation of the Governmental Accounting Standards Board in 1984, which of the following organizations had the greatest influence over accounting concepts, principles, and standards for state and local governments? A) The National Council on Governmental Accounting (NCGA) B) The National Association of College and University Business Officers (NACUBO). C) The American Institute of Certified Public Accountants (AICP
Q19 Q19 Q19
Which organization has the highest level of authority for setting GAAP for nongovernment, not-for-profit organizations? A) Financial Accounting Standards Board (FASB). B) Governmental Accounting Standards Board (GASB). C) American Institute of Certified Public Accountants (AICPA). D) National Council on Governmental Accounting (NCG