Assignment 1
He characterized the standard as "the most significant change in the history of
governmental accounting.
Select one:
a.
Jim Antonio
b.
Marty Ives
c.
Tom Allen
d.
none of the choices
In what year the GASB issued a statement requiring disclosure of certain OPEB information
by state and local governments that provided OPEB to their retirees?
Select one:
a.
1985
b.
1986
c.
1990
d.
1994
It was organized to establish and improve financial reporting standards for state and local
governments.
Select one:
a.
NCGA
b.
RSI
c.
GASB
d.
AICPA
The first codification, which was considered authoritative, was issued in _______
Select one:
a.
1984
b.
1994
c.
1985
d.
1983
It is the most comprehensive topic on the GASB's original agenda.
Select one:
a.
reexamining the financial reporting entity
b.
financial reporting project
c.
developing financial reporting objectives
d.
conducting a complete review of the financial reporting model
The first chairman, presided over the GASB from its inception until June 1995.
Select one:
a.
Tom Allen
b.
None of the choices
c.
Jim Antonio
d.
Marty Ives
When was the GASB decided to add a separate project to the agenda to consider financial
reporting and disclosure issues for OPEB plans and employers.
Select one:
a.
1984
b.
1987
c.
1988
d.
1985
Which of the following is not the primary external users of state and local governmental
financial reports?
Select one:
a.
those who lend
b.
none of the choices
c.
those who directly represent the citizens
d.
those to whom government is primarily accountable
Year when the Governmental Accounting Standards Board (GASB) was organized?
Select one:
a.
1994
b.
1983
c.
1984
d.
1985
The Board's first vice-chairman and director of research, decided that one of the first items
of business would be to develop a project agenda.
Select one:
a.
Jim Antonio
b.
Marty Ives
c.
Tom Allen
d.
none of the choices