Multiple Choice
Match the letter of each phrase with the appropriate definition.
-Created by the Securities Exchange Act of 1934.
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
Q29: Match the letter of each principle or
Q30: The Accounting Principles Board issued Opinions between:<br>A)1959-1973.<br>B)1939-1959.<br>C)1973-present.<br>D)1966-1976.<br>E)None
Q31: Web sites are not very useful when
Q32: Match the letter of each principle or
Q33: The SEC has the authority to determine
Q35: The IASC does not have authority to
Q36: Which of these measurement attributes is not
Q37: The most accurate way to account for
Q38: At the time of originally recording a
Q39: The organization that has by federal law