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Which of the following is the highest in the hierarchy of generally accepted accounting principles according to AICPA Statement of Auditing Standard...

36. Which of the following is the highest in the hierarchy of generally accepted accounting
principles according to AICPA Statement of Auditing Standard No 69, as amended by SAS
No. 91, for state and local governments?
A) AICPA Audit and Accounting Guide.
B) FASB emerging issues task force reports.
C) FASAB statements.
D) GASB statements.

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Accounting - 8225171.doc

Which of the following is the highest in the hierarchy of generally accepted accounting
principles according to AICPA Statement of Auditing Standard No 69, as amended by
SAS No. 91, for state and...

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