Which of the following agencies would have the greatest impact on the methods used to record, classify, summarize, and interpret accounting information for the State of Kentucky's Department of Transportation?
A) Commission on Accounting Practices for State Governments
B) Government Accounting Standards Board
C) Independent Not-For-Profit Accounting Standards Board
D) Institute for Public Sector Accounting Standards

Question

Quizplus · Accepted Answer

The Government Accounting Standards Board (GASB) sets standards for generally accepted practices in governmental accounting.

Which of the Following Agencies Would Have the Greatest Impact