Solved

The Independent Group That Issues Standards That Identify Preferred Accounting

Question 71

Multiple Choice

The independent group that issues standards that identify preferred accounting practices and is attempting to harmonize the accounting practices globally is the:


A) AICPA.
B) IASB.
C) CAP.
D) SEC.
E) FASB.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: The International Accounting Standards Board (IASB) is

Q66: Dividends are expenses.

Q67: Determine the net income of a company

Q73: Match each of the following business activities

Q75: Bookkeeping is the recording of transactions and

Q113: Revenues are increases in equity from a

Q123: General accounting principles arise from long-used accounting

Q224: _ are beliefs that separate right from

Q237: The description of the relation between a

Q248: Return on assets is also known as