GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation....
Transcript of GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation....
![Page 1: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/1.jpg)
GAAP vs GASBby Eric Curts
[email protected] - www.ericcurts.comtwitter.com/ericcurts - plus.google.com/+EricCurts1
This slideshow is licensed under a Creative Commons Attribution Non-Commercial 3.0 United States license. For more information about this license see http://creativecommons.org/licenses/by-nc/3.0/ (In short, you can copy, distribute, and adapt this work as long as you give proper attribution and do not charge for it.)
![Page 2: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/2.jpg)
JEOPARDY BOARD
GAAP GASB Financial Statements
Fund Accounting Transactions
$100 $100 $100 $100 $100
$200 $200 $200 $200 $200
$300 $300 $300 $300 $300
$400 $400 $400 $400 $400
$500 $500 $500 $500 $500
FINAL JEOPARDY
![Page 3: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/3.jpg)
What does the acronym GAAP stand for?
GAAP - $100 Question
Click to see answer
![Page 4: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/4.jpg)
Generally Accepted Accounting Principles.
GAAP - $100 Answer
Click to return to Jeopardy Board
![Page 5: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/5.jpg)
What GAAP principle states that speculation does not influence the reporting of
financial data?
GAAP - $200 Question
Click to see answer
![Page 6: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/6.jpg)
Principle of prudence.
GAAP - $200 Answer
Click to return to Jeopardy Board
![Page 7: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/7.jpg)
What organization provides oversight for FASB and GASB?
GAAP - $300 Question
Click to see answer
![Page 8: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/8.jpg)
Financial Accounting Foundation.
GAAP - $300 Answer
Click to return to Jeopardy Board
![Page 9: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/9.jpg)
What are three conceptual differences between GASB
and FASB?
GAAP - $400 Question
Click to see answer
![Page 10: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/10.jpg)
- Mission of accountability vs. investor/creditor decision support
- Applies to governmental entities vs. public/private entities
- Modified accrual vs. full accrual accounting- Relatively prescriptive financial statement
presentation vs. relatively flexible financial statement presentation
- Does not amend standards vs. does amend standards
GAAP - $400 Answer
Click to return to Jeopardy Board
![Page 11: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/11.jpg)
How are endowment pledges recognized under GASB?
GAAP - $500 Question
Click to see answer
![Page 12: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/12.jpg)
Recognition of endowment pledges are prohibited.
GAAP - $500 Answer
Click to return to Jeopardy Board
![Page 13: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/13.jpg)
Which GASB statement speaks most directly to the presentation of financial
statements for public colleges and universities?
GASB - $100 Question
Click to see answer
![Page 14: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/14.jpg)
GASB statement No. 34 Basic Financial Statements - and
Management’s Discussion and Analysis - for public colleges
and universities
GASB - $100 Answer
Click to return to Jeopardy Board
![Page 15: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/15.jpg)
What makes researching issues in GASB statements
challenging?
GASB - $200 Question
Click to see answer
![Page 16: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/16.jpg)
Standards are not amended.
GASB - $200 Answer
Click to return to Jeopardy Board
![Page 17: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/17.jpg)
On the statement of financial position, which element represents obligations to
sacrifice resources that the government has little or no
discretion to avoid?
GASB - $300 Question
Click to see answer
![Page 18: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/18.jpg)
Liabilities.
GASB - $300 Answer
Click to return to Jeopardy Board
![Page 19: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/19.jpg)
Which type of cost is the price that would be paid to
acquire an asset with equivalent service potential
in an orderly market transaction at the
measurement date?
GASB - $400 Question
Click to see answer
![Page 20: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/20.jpg)
Replacement cost.
GASB - $400 Answer
Click to return to Jeopardy Board
![Page 21: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/21.jpg)
In the current-financial-statement-
date-based-measurement what kinds of assets are
more appropriate for remeasurement?
GASB - $500 Question
Click to see answer
![Page 22: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/22.jpg)
Assets that will be converted to cash.
GASB - $500 Answer
Click to return to Jeopardy Board
![Page 23: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/23.jpg)
What are the three major components of the
Statement of Net Position?
Fin Statements - $100 Question
Click to see answer
![Page 24: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/24.jpg)
Assets, Liabilities and Net Position.
Fin Statements - $100 Answer
Click to return to Jeopardy Board
![Page 25: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/25.jpg)
Which revenue is non-operating: Grants and
Contracts, State Appropriations or
Educational Activities?
Fin Statements - $200 Question
Click to see answer
![Page 26: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/26.jpg)
State appropriations.
Fin Statements - $200 Answer
Click to return to Jeopardy Board
![Page 27: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/27.jpg)
What is the desired auditor opinion on the financial
statements?
Fin Statements - $300 Question
Click to see answer
![Page 28: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/28.jpg)
Unqualified opinion.
Fin Statements - $300 Answer
Click to return to Jeopardy Board
![Page 29: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/29.jpg)
What is the difference between natural and functional expense
classification?
Fin Statements - $400 Question
Click to see answer
![Page 30: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/30.jpg)
Natural expense tells what was purchased; Functional
expense tells why an expense was incurred.
Fin Statements - $400 Answer
Click to return to Jeopardy Board
![Page 31: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/31.jpg)
What are the three required GASB financial statements?
Fin Statements - $500 Question
Click to see answer
![Page 32: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/32.jpg)
1.Statement of Net Position 2.Statement of Revenues, Expenses, and Changes in
Net Position 3.Statements of Cash Flows
Fin Statements - $500 Answer
Click to return to Jeopardy Board
![Page 33: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/33.jpg)
The fund accounting system emphasizes ______ rather
than ______.
Fund Accounting - $100 Question
Click to see answer
![Page 34: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/34.jpg)
Accountability rather than profitability.
Fund Accounting - $100 Answer
Click to return to Jeopardy Board
![Page 35: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/35.jpg)
Is fund accounting and reporting required by GASB?
Fund Accounting - $200 Question
Click to see answer
![Page 36: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/36.jpg)
No.
Fund Accounting - $200 Answer
Click to return to Jeopardy Board
![Page 37: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/37.jpg)
A ____ is a self-balancing set of accounts.
Fund Accounting - $300 Question
Click to see answer
![Page 38: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/38.jpg)
Fund.
Fund Accounting - $300 Answer
Click to return to Jeopardy Board
![Page 39: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/39.jpg)
Name three of the six basic fund groups.
Fund Accounting - $400 Question
Click to see answer
![Page 40: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/40.jpg)
Current unrestricted, Current restricted,
Endowment,Loan,Plant,Agency
Fund Accounting - $400 Answer
Click to return to Jeopardy Board
![Page 41: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/41.jpg)
What are the four subsets of plant funds?
Fund Accounting - $500 Question
Click to see answer
![Page 42: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/42.jpg)
Unexpended plant,Renewals and replacements,Retirement of indebtedness,
Investment in plant
Fund Accounting - $500 Answer
Click to return to Jeopardy Board
![Page 43: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/43.jpg)
Conditional funding received in advance of a condition
being met is ________
Transactions - $100 Question
Click to see answer
![Page 44: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/44.jpg)
Deferred revenue or refundable advance.
Transactions - $100 Answer
Click to return to Jeopardy Board
![Page 45: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/45.jpg)
Funds functioning as endowments are classified as
______ or ______.
Transactions - $200 Question
Click to see answer
![Page 46: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/46.jpg)
Unrestricted funds or designated funds.
Transactions - $200 Answer
Click to return to Jeopardy Board
![Page 47: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/47.jpg)
What is a transaction where the recipient does not give
up an asset or incur a liability of commensurate
value?
Transactions - $300 Question
Click to see answer
![Page 48: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/48.jpg)
Nonreciprocal or Nonexchange transaction.
Transactions - $300 Answer
Click to return to Jeopardy Board
![Page 49: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/49.jpg)
For revenue generating activities that are primarily in the summer, how should revenue and expenses be
treated?
Transactions - $400 Question
Click to see answer
![Page 50: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/50.jpg)
Revenues and expenses should be matched which
may require accrual of expenses.
Transactions - $400 Answer
Click to return to Jeopardy Board
![Page 51: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/51.jpg)
Contracts that have a future conditional deliverable and payment was received in advance, how should the
receipt of cash be treated?
Transactions - $500 Question
Click to see answer
![Page 52: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/52.jpg)
Refundable advance or deferred income.
Transactions - $500 Answer
Click to return to Jeopardy Board
![Page 53: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/53.jpg)
Topic: GAAP vs GASB
FINAL
Click to see question
![Page 54: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/54.jpg)
Who on campus is responsible for assuring
compliance with GAAP in our reporting to UCOP?
Final Jeopardy Question
Click to see answer
![Page 55: GAAP vs GASB - Home | Office of the Chief Financial Officer · Financial Accounting Foundation. GAAP - $300 Answer Click to return to Jeopardy Board. What are three conceptual differences](https://reader033.fdocuments.in/reader033/viewer/2022042008/5e710f2b257e13435b49b049/html5/thumbnails/55.jpg)
Delphine Regalia,Assistant Vice Chancellor
And Controller
Final Jeopardy Answer
Click to return to Jeopardy Board