Which of the Following Is the Source of the Generally

question 20

Multiple Choice

Which of the following is the source of the generally accepted accounting principles (GAAP) used by state and local governments?

• A) Governmental Accounting and Auditing Board
• B) Governmental Accounting Standards Board
• C) Government Finance Officers Association
• D) Government Accountability Standards Board

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Definitions:

Double-Checking

The act of verifying or reviewing information, data, or a process again to ensure accuracy or correctness.

Mind Map

A visual representation of information, ideas, or concepts, linked and arranged around a central theme to facilitate understanding and memory recall.

Visual Elements

Components such as images, colors, shapes, and typography that combine to create a visual design in a piece of media or art.

Graphic Clues

Visual indicators that are used to convey information or hints within a context, such as in a book or puzzle.