Take the following as truth: GAO was created in 1921 as a result of the Budget and Accounting Act, a law designed to improve government financial controls and management in the aftermath of World War I. Wartime spending had increased the national debt, escalated costs for many government purchases, and created substantial disarray in the financial operations of the War Department and other agencies.
Then the following statement: "GAO was developed because of the Budget and Accounting Act." is true, false, or inconclusive?
Answer: True