The Federal Accounting Standards Advisory Board issues
Technical Bulletin 2002-1, Assigning to Component Entities Costs
and Liabilities that Result From Legal Claims Against the Federal
Government ( www.fasab.gov/pdf/presreltb.pdf ). According to
the guidance, all such costs and liabilities must be attributed either
to the component entities responsible for the programs or activities
that contributed to the claims or to their successor component
entities.
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