The Body That Has the Power to Prescribe the Accounting

question 47

Multiple Choice

The body that has the power to prescribe the accounting practices and standards to be employed by companies that fall under its jurisdiction is the

• A) FASB.
• B) AICPA.
• C) SEC.
• D) APB.

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Definitions:

Joking

The act of telling jokes or making humorous remarks to amuse others and lighten the atmosphere.

People of Color

A term used to describe individuals of non-white racial backgrounds, emphasizing diversity and experiences of racial marginalization.

Joking

The act of telling jokes or making remarks in a playful or humorous way to amuse others.

Dominance

The state or condition of having authority, control, or influence over others, often manifesting in social, economic, or political contexts.