23. Given a specific set of data, the basis of accounting selected by or imposed on a governmental entity will least affect which of the following? a) Determining whether or not the governmental entity has a balanced budget. b) Determining whether or not the governmental entity has the ability to issue debt. c) Determining whether or not certain economic events occurred. d) Determining the annual payments to a government- sponsored pension plan. I 24. The basis of accounting selected by or imposed on a governmental entity can influence which of the following? a) A decision to contract-out a specific service rather than provide that service itself. b) The amount of salary increases proposed by union negotiators. c) The amount that is available to spend on a donor-specified project or service. d) All of the above. 25. The Governmental Accounting Standards Board is the primary standard-setting body for: a) All governments. b) All state and local governments. c) All governments and all not-for-profit entities. d) All state and local governments and all not-for-profit entities. 26. Under certain circumstances a governmental entity might use standards established by which of the following standard- setting bodies? a) GASB. b) FASB. c) AICPA. d) All of the above