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GASB standards are set forth in documents called ____ of financial accounting standards

1 Answer

4 votes

Final answer:

GASB standards are set forth in documents called Statements of Financial Accounting Standards.

Step-by-step explanation:

GASB stands for Governmental Accounting Standards Board. The GASB sets forth standards for financial accounting and reporting for governmental entities. These standards are documented in a series of documents called Statements of Financial Accounting Standards.

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User Gwc
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