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GASB No. 35 allows public colleges and universities to a. apply guidance designed for special-purpose governments. b. use FASB standards to permit consistent reporting. c.

GASB No. 35 allows public colleges and universities to

a. apply guidance designed for special-purpose governments.

b. use FASB standards to permit consistent reporting.

c. optionally follow FASB standards.

d. none of the above is correct.

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