1. A government issues 10-year bonds to finance construction of an addition to city hall. The bonds payable should be reported in the

		Capital Projects Fund
		General Long-Term Liabilities accounts
		General Capital Asset accounts
		General Fund

2. The governmental GAAP hierarchy was established by

		The Governmental Accounting Standards Board (GASB)
		The American Institute of Certified Public Accountants (AICPA)
		The Financial Accounting Standards Board (FASB)
		The Government Accountability Office (GAO)