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The Governmental Accounting Standards Board (GASB) is the body authorized to establish accounting principles for all state and local governments, both general purpose and special purpose. (a)-True (b)-
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The Governmental Accounting Standards Board (GASB) is the body authorized to establish accounting principles for all state and local governments, both general purpose and special purpose. (a)-True (b)- False

User USeemSurprised
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Answer: Yes

Explanation: The governmental fund financial statements are intended to report on fiscal accountability.

User Rlegendi
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The answer of this question is True
User SebastianR
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