Prior to the Creation of the Governmental Accounting Standards Board

Multiple Choice

Prior to the creation of the Governmental Accounting Standards Board in 1984, which of the following organizations had the greatest influence over accounting concepts, principles, and standards for the state and local governments?

A) The National Council on Governmental Accounting NCGA
B) The National Association of College and University Business Officers NACUBO.
C) The American Institute of Certified Public Accountants AICPA.
D) The Comptroller General of the United States.