What does GABT mean in Business?

This page is about the meanings of the acronym/abbreviation/shorthand GABT in the field in general and in the Business terminology in particular.

Governmental Activities with Business Type

This financial reporting mode, provided by GASB Statement No. 34, refers to an institution that accounts for its activities as governmental (that is, financed by taxes, intergovernmental revenues, and other nonexchange activities) with characteristics of business-type activities (those supported by fees charged for goods or services). The financial statements for this type of entity include a column for reporting governmental activities and another for business-type activities. GASB Statement 34 specifies the financial reporting format for this type of governmental entity.

Business

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"GABT." Abbreviations.com. STANDS4 LLC, 2022. Web. 16 May 2022. <https://www.abbreviations.com/term/1735102>.

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