Business
Business, 22.01.2020 00:31, brentkellen6331

The gasb establishes financial reporting standards for state and local governmental entities. an entity created by a government possessing one or more of the following characteristics should follow gasb standards:
a) only a and b
b) the potential that another government could unilaterally dissolve the entity and assume their assets and liabilities
c) any of the above.
d) the power to enact and levy a tax.
e) the power to directly issue debt, for which its interest is exempt from federal taxation

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The gasb establishes financial reporting standards for state and local governmental entities. an ent...

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