Multiple Choice
Which of the following is not recognized as a source of generally accepted accounting principles?
A) Widespread and long-term use of a particular practice.
B) The Financial Accounting Standards Board (FASB) .
C) TheSecurities and Exchange Commission (SEC) .
D) Statements of the Committee of Sponsoring Organizations (COSO) .
Correct Answer:
Verified
Correct Answer:
Verified
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