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Year when the Governmental Accounting Standards Board (GASB) announced plans to make basic changes in the reporting model.Select one:a.1997b.1998c.1984d.1986

Question

Year when the Governmental Accounting Standards Board (GASB) announced plans to make basic changes in the reporting model.Select one:a.1997b.1998c.1984d.1986

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Solution

The Governmental Accounting Standards Board (GASB) announced plans to make basic changes in the reporting model in the year 1997. So, the correct answer is a. 1997.

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