Take the following as truth: In 1996, through the joint efforts of the Treasury, OMB, and GAO, a body of generally accepted accounting principles (GAAP) covering most transactions was promulgated for the Federal government.
Then the following statement: "In 1996, the Federal Government also enlisted the help of local agencies to help make up the GAAP." is true, false, or inconclusive?
Answer: Inconclusive