Which of the Following Accounting Principles Is Used in the United

Multiple Choice

Which of the following accounting principles is used in the United States?

A) International Accounting Standards Board (IASB)
B) International Financial Reporting Standards (IFRS)
C) Generally Accepted Accounting Principles (GAAP)
D) National Advisory Accounting Standards (NAAS)
E) Financial Accounting Standards Principles (FASP)