n year February 2009, the Governmental Accounting Standards Board issued GASB __________, Fund Balance Reporting and Governmental Fund Types Definitions.Select one:a.Statement No. 11b.Statement No. 54c.Statement No. 53d.Statement No. 34
Question
n year February 2009, the Governmental Accounting Standards Board issued GASB __________, Fund Balance Reporting and Governmental Fund Types Definitions.Select one:a.Statement No. 11b.Statement No. 54c.Statement No. 53d.Statement No. 34
Solution
The correct answer is b. Statement No. 54. This statement was issued by the Governmental Accounting Standards Board in February 2009 and it pertains to Fund Balance Reporting and Governmental Fund Types Definitions.
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