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  3. Study Set
    Essentials of Accounting Study Set 3
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    Exam 1: Introduction to Accounting and Financial Reporting for Governmental and Not-For-Profit Organizations
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    The Financial Accounting Standards Board and the Governmental Accounting Standards
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The Financial Accounting Standards Board and the Governmental Accounting Standards

Question 47

Question 47

True/False

The Financial Accounting Standards Board and the Governmental Accounting Standards Board are parallel bodies under the oversight of the Financial Accounting Foundation.

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