The GASB Has the Responsibility for Establishing Financial Accounting Standards

question 3

Multiple Choice

The GASB has the responsibility for establishing financial accounting standards for all of the following entities EXCEPT:

• A) state and local government entities.
• B) veterans hospitals.
• C) school districts.
• D) civic organizations.

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Definitions:

Cruel and Unusual Punishment

Punishment that is considered unacceptable due to the suffering, pain, or humiliation it inflicts on the person subjected to it, prohibited by the eighth amendment in the US Constitution.

Deadly Force

The use of force that is likely to cause death or serious bodily harm to another person.

Sexual Assaults

Unwanted or forced sexual acts imposed on someone without their consent.

Inmates

Individuals confined within a prison or jail as a result of criminal convictions or awaiting legal proceedings.