2. The primary authoritative body for determining the measurement focus and basis of accounting standards for governmental fund operating statements is the a. Governmental Accounting Standards Board...

2. The primary authoritative body for determining the measurement focus and basis of accounting standards for governmental fund operating statements is the

a. Governmental Accounting Standards Board (GASB).

b. National Council on Governmental Accounting (NCGA).

c. Government Accounting and Auditing Committee of the AICPA (GAAC).

d. Financial Accounting Standards Board (FASB).