In Establishing Financial Accounting Standards, "Due Process" Refers to

Multiple Choice

In establishing financial accounting standards, "due process" refers to

A) the process of giving interested parties ample opportunity to express their views.
B) the practice of researching, creating a task force, issuing an exposure draft and establishing the new GAAP.
C) the researching of the legal implications of proposed new accounting standards.
D) the requirement that all accountants must receive a copy of financial standards.