_____ Is a Private-Sector Financial Accounting Standard Setter That Promulgates

Multiple Choice

_____ is a private-sector financial accounting standard setter that promulgates accounting standards that are required or permitted to be used in over 100 countries, but has no enforcement powers.

A) Financial Accounting Standards Board (FASB)
B) International Accounting Standards Board (IASB)
C) Public Company Accounting Oversight Board (PCAOB)
D) U.S.Securities and Exchange Commission (SEC)
E) Governmental Accountability Office (GAO)