GASB (Governmental Accounting Standards Board) was established in 1984. This is an independent private-sector organization and its main purpose is to assist in accounting and financial reporting of governmental units in the United States. To select the correct option about infrastructure fixed assets.

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Chapter 18, Problem 18.1.3E

To determine

Concept Introduction: GASB (Governmental Accounting Standards Board) was established in 1984. This is an independent private-sector organization and its main purpose is to assist in accounting and financial reporting of governmental units in the United States.

To select the correct option about infrastructure fixed assets.

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