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20-11-2019
Social Studies

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The GASB does not require supplementary information to be reported with its financial statements even if it is essential to establish appropriate context for the financial statements and notes.A. True.B. False

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VirginiaFelix VirginiaFelix

21-11-2019

Answer:

The answer is letter B. False

Explanation:

Because the GASB does require supplementary information to be reported with its financial statements even if it is essential to establish appropriate context for the financial statements and notes. Although certain supplementary information may not be required, if presented, it must follow GASB guidance regarding its format and content.

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