The Most Significant Current Source of Generally Accepted Accounting Principles

question 6

Multiple Choice

The most significant current source of generally accepted accounting principles is the

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

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Definitions:

Hidden Curriculum

The implicit lessons, values, and perspectives that students learn indirectly through the culture and practices of their educational environment, beyond the official curriculum.

Citizenship

A legal status or condition of being a member of a particular country, entailing rights and responsibilities.

Socialization

The process through which individuals learn and internalize the values, beliefs, and norms of their society or social group.

Hidden Curriculum

Lessons, morals, and perspectives not formally documented or intended, yet acquired by students through their school experience.