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Pani-rosa [81]
2 years ago
13

The ___________ is the organization primarily responsible for establishing governmental auditing standards. GASB PCAOB AICPA GAO

FASAB
Business
1 answer:
Ainat [17]2 years ago
5 0

The GASB (Governmental Accounting Standards Board) is the organization primarily responsible for establishing governmental auditing standards.

<h3>Governmental Accounting Standards Board</h3>
  • The Governmental Accounting Standards Board (GASB), founded in 1984, is an independent, private-sector organization based in Norwalk, Connecticut, that develops accounting and financial reporting standards for state and local governments in the United States that adhere to Generally Accepted Accounting Principles (GAAP).
  • The GASB is in charge of GAAP. The aim of the board is to promote financial reporting that is clear, uniform, transparent, and comparable.
  • While publicly traded firms must follow FASB accounting rules, state and local governments are not compelled to adopt GASB accounting standards.
  • The GASB is primarily funded by accounting support fees paid by municipal bond brokers and dealers.

To learn more about Governmental Accounting Standards Board refer to:

brainly.com/question/20757640

#SPJ4

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What invention most helped to make the shift to large plantations throughout the Deep South profitable? the textile mill the mec
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<span>The </span><span>invention that </span><span>most helped to make the shift to large plantations throughout the Deep South profitable was the cotton gin. </span>
6 0
3 years ago
Under variable costing, costs that are treated as period costs include: A. only fixed manufacturing costs. B. both variable and
kiruha [24]

Answer:

C. all fixed costs.

Explanation:

Under variable costing, all fixed cost are period cost. This make them non-capitalizable

Are treated as expenses and impact entirely on the net income

In other method some fixed cost are capitalzied through inventory but, in variable costing is not the case.

The only capitalized cost are the variable cost using this method.

5 0
4 years ago
Explain the difference between the concepts of Business Management and Technology Management. Provide examples.
Verizon [17]

Answer:

Explanation:

There is a difference between business management and technology management.

Business management refers to managing the organization's business perspective so that the direct business objectives of the organization is served.

Business management involves managing the domain, employees, looking after the business processes of an organization, etc. whereas

While technology management is used to make the business process simple and convenient through various aspects like managing the technical aspect of each and every business process and that is possible by having details about the technical aspects that are involved in all the business process of the organization.

For an organization to be successful it should possess all the required management techniques that include the business and technical aspects both.

Today the way of doing business has changed a lot and hence the organizations need to be quite diligent and effective in order to sustain and remain competitive in the industry.

8 0
3 years ago
What is a disaster?
Paladinen [302]

Answer:

Any event or occurrence that can have a detrimental effect on an organization either in whole or in part-B

Explanation:

A disaster in buisness is an economic disruption situation resulting from Natural hazards(floods, hurricanes), Health hazards(Corona virus), Human hazards (accidents) and

Technology-related hazards power and equipment failure.) Causing detrimental effect to buisnesses.

Disasters especially natural disasters can happen suddenly affecting a buisness tremendously. Therefore business owners need to be prepared by having a backup plan in place. For example substitute work site, or good insurance can go a long way in cushioning the effects of some disasters.

However, generally,there is not so much that a business leader can do in preparing his or her organization for hazards but it is necessary that they always Identify Thier risk, develop Plans , take action towards the plan and Inspire others on Thier successful outcomes.

8 0
4 years ago
Read 2 more answers
If individuals forecast future prices by examining the rates of inflationof the present and recent past, they are using:
german

Answer:

a. adaptive expectations

Explanation:

When we say someone is using adaptive expectations, it means that they are using past events or experiences in order to predict future behaviors or trends. This methodology is commonly used to predict inflationary rates and how they affect the prices of assets in the future. Generally people will believe that past events will tend to repeat themselves in the future.

3 0
3 years ago
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