Multiple Choice
Match the letter of each phrase with the appropriate definition.
-This board issues four types of pronouncements: (1) Statements of Financial Accounting Standards (SFAS) , (2) Interpretations, (3) Technical Bulletins,and (4) Statements of Financial Accounting Concepts (SFAC) .
A) Generally Accepted Accounting Principles (GAAP)
B) Securities and Exchange Commission (SEC)
C) American Institute of Certified Public Accountants (AICPA)
D) Accounting Principles Board (APB)
E) Financial Accounting Standards Board (FASB)
F) Statements of Financial Standards (SFAS)
G) Discussion Memorandum (DM)
H) Statements of Position (SOP)
I) Emerging Issues Task Force (EITF)
J) Financial Reporting Releases (FRRs)
K) The Public Company Accounting Oversight Board (PCAOB)
Correct Answer:

Verified
Correct Answer:
Verified
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