Which of the Following Would Not Be Considered Category (B)

question 13

Multiple Choice

Which of the following would not be considered Category (b) GAAP for state and local government auditees?

• A) AICPA Practice Bulletins if specifically made applicable to state and local governments by the AICPA and cleared by the GASB.
• B) GASB Technical Bulletins.
• C) GASB Statements.
• D) GASB Implementation Guides.

---

Definitions:

Military Spending

The portion of a national budget allocated for defense and security forces.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by the rise in GDP.

Measured

Evaluated or quantified using specific criteria or instruments, often used for performance or dimensional assessments.

Per Capita

A measure that divides a statistical quantity by the population who shares it, commonly used to express economic data in relation to people.