GFOA Exam CPFO Topic 11 Question 73 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 73
Topic #: 11

[All CPFO Questions]

FASB (Financial Accounting Standards Board) is a ____________ organization and controlled and supported by a ______________, Financial Accounting Foundation.

AGovernmental Organization, Non-Profit Organization.

BPrivate Organization, Non-Profit Organization.

CNon-Profit Organization, Governmental Organization.

DSemi- governmental Organization, Private Organization

Show Suggested Answer

Suggested Answer: A

by Angella at Aug 08, 2023, 08:08 PM

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Meghann

12 days ago

Yes, FASB is a non-profit organization and supported by Financial Accounting Foundation.

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Giuseppe

15 days ago

I agree with Lilli, FASB is indeed a non-profit organization.

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Lilli

16 days ago

I think FASB is a non-profit organization.

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