The Principal Task of the FASB Is to

Multiple Choice

The principal task of the FASB is to

A) be a link between the business community and the Securities and Exchange Commission (SEC) .
B) establish GAAP in the United States.
C) audit each public company's financial statements and records.
D) act as a counsel and advocate for business in its dealings with the government,particularly,but not solely,to the SEC.
E) review financial statements,so as to ensure adherence to GAAP.