Which of the following is a Category A source of authoritative GAAP for state and local governments?
A) GASB Technical Bulletins
B) Literature of the American Institute of Certified Public Accountants AICPA) specifically cleared by the GASB
C) GASB Implementation Guides
D) GASB Statements and Interpretations)

Question

Quizplus · Accepted Answer

GASB Statements and Interpretations are Category A GAAP. GASB Technical Bulletins, Literature of the American Institute of Certified Public Accountants AICPA specifically cleared by the GASB and GASB Implementation Guides are all Category B GAAP

Which of the Following Is a Category a Source of Authoritative