20/21 mid
The most significant current source of generally acceptedaccounting principles is the:
a. New York Stock Exchange.
b. Accounting Principles Board.
c. Accounting Research Studies.
d. AICPA committee on Accounting Procedure.
e. Financial Accounting Standards Board.
20/21 mid
The most significant current source of generally acceptedaccounting principles is the:
a. | New York Stock Exchange. | |
b. | Accounting Principles Board. | |
c. | Accounting Research Studies. | |
d. | AICPA committee on Accounting Procedure. | |
e. | Financial Accounting Standards Board. |
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b. | Generally Accepted Accounting Principles | |
c. | Securities and Exchange Commission | |
d. | Financial Accounting Standards Board |
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a. | Raw material | |
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d. | Factory utilities |
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a. | It is historically based. | |
b. | It is regulated by the SEC. | |
c. | It is directed to external users. | |
d. | It involves continuous reporting. |
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a. | decrease one asset account and decrease an equity account. | |
b. | increase one asset account and decrease another asset account. | |
c. | increase one liability account and increase an asset account. | |
d. | increase one liability account and decrease an equity account. |