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Author Question: Which of the following is not specifically identified in the GAAP hierarchy for state and local ... (Read 77 times)

Jipu 123

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on: Jul 6, 2018
Which of the following is not specifically identified in the GAAP hierarchy for state and local governments?
 
  a. AICPA Industry Audit and Accounting Guides
  b. GASB Technical Bulletins
  c. GASB Implementation Guides
  d. GAO's Yellow Book
  e. AICPA Practice Bulletins
  f. All of the above are specifically identified in the state and local government GAAP hierarchy.

Question 2

The total of the schedule of accounts receivable must equal
 a. the total of the sales on account for the month.
   b. the balance of the Accounts Receivable controlling account.
   c. the total of all sales for the month.
   d. sales on account less cash sales for the month.
   e. the balance of the Accounts Payable controlling account.


choc0chan

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Reply #1 on: Jul 6, 2018
Answer to Question 1

D

Answer to Question 2

b


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