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Title: The Governmental Accounting Standards Board (GASB) establishes financial reporti Post by: goji.go on Oct 20, 2014 The Governmental Accounting Standards Board (GASB) establishes financial reporting standards for state and local governmental entities. An entity possessing the following characteristics should follow GASB standards:
a. The power to enact and levy a tax. b. The power to issue debt, for which its interest is exempt from federal taxation. c. The potential that a government could unilaterally dissolve the entity and assume their assets and liabilities. d. All of the above. e. Only a and b. Title: Re: The Governmental Accounting Standards Board (GASB) establishes financial reporti Post by: f_zah1 on Oct 23, 2014 Content hidden
Title: Re: The Governmental Accounting Standards Board (GASB) establishes financial reporti Post by: goji.go on Oct 23, 2014 Thanks so much f_zah1.
You were correct :D Title: Re: The Governmental Accounting Standards Board (GASB) establishes financial reporti Post by: f_zah1 on Oct 23, 2014 You're very welcome!
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