Under the Existing GAAP Hierarchy for State and Local Government

Multiple Choice

Under the existing GAAP hierarchy for state and local government financial reporting,the GASB Implementation guides are

A) More authoritative than GASB Statements.
B) Less authoritative than GASB Technical Bulletins.
C) More authoritative than the AICPA state and local government audit guide.
D) Equally authoritative to GASB Statements.