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The Body That Has Been Established to Recommend Accounting and Financial

Question 48

Multiple Choice

The body that has been established to recommend accounting and financial reporting standards for the federal government is the


A) Financial Accounting Standards Board (FASB) .
B) Governmental Accounting Standards Board (GASB) .
C) Cost Accounting Standards Board (CASB) .
D) Federal Accounting Standards Advisory Board (FASAB) .

Correct Answer:

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