Which Standard Issued by the Governmental Accounting Standards Board in 1999

question 17

Multiple Choice

Which standard issued by the Governmental Accounting Standards Board in 1999 required two distinct sets of financial statements for state and local governments?

• A) GASB Statement No. 32.
• B) GASB Statement No. 33.
• C) GASB Statement No. 34.
• D) GASB Statement No. 35.
• E) GASB Statement No. 36.

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Definitions:

Sterile Broth

A nutrient-rich liquid media that has been treated to eliminate all forms of life, used for growing microorganisms in a lab.

Louis Pasteur

A French biologist, microbiologist, and chemist renowned for his discoveries of the principles of vaccination, microbial fermentation, and pasteurization.

Nucleic Acid

Macromolecules essential to all known forms of life, which store and transmit genetic information in cells mainly in the forms of DNA and RNA.

RNA-First Hypothesis

In chemical evolution, the proposal that RNA originated before other macromolecules and allowed the formation of the first cell(s).