The Governmental Accounting Standards Board Is Assigned Responsibility for Setting

question 22

Multiple Choice

The Governmental Accounting Standards Board is assigned responsibility for setting accounting and financial reporting standards for

• A) Governments such as federal agencies, states, cities, counties, villages, and townships.
• B) State and local government entities and governmentally-related units and agencies, such as utilities, authorities, hospitals, and colleges and universities.
• C) Not-for-profit organizations.
• D) State and local governments and all not-for-profit organizations.

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Definitions:

National Healthcareer Association (NHA)

A certification organization for healthcare professionals, ensuring they meet predetermined standards for knowledge and skills in their fields.

NCCT Certification

A certification from the National Center for Competency Testing, recognizing qualified professionals in health care and other fields.

Continued Education

The pursuit of learning and acquiring new skills or knowledge, typically after completing formal education, often required in various professions for maintaining licensure.

Continuing Education

Structured post-secondary learning experiences, often required in various professions to maintain a level of competency.