Multiple Choice
The Financial Accounting Standards Board (FASB) was proposed by the
A) American Institute of Certified Public Accountants.
B) Study Group on establishment of Accounting Principles (Wheat Committee) .
C) Accounting Principles Board.
D) Study Group on the Objectives of Financial Statements (Trueblood Committee)
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which organization was responsible for issuing Accounting
Q4: Which of the following companies was involved
Q5: Which of the following types of pronouncements
Q6: What is a special purpose entity and
Q7: Which of the following is not a
Q9: Which of the following committees recommended abolishing
Q10: Which of the following bodies has the
Q11: Which of the following types of pronouncements
Q12: Discuss the evolution of the three private
Q13: Discuss the objectives of the International Accounting