In Canada, the Body Which Is NOT Instrumental in the Development

question 21

Multiple Choice

In Canada, the body which is NOT instrumental in the development of financial reporting standards is the

• A)Accounting Standards Board (AcSB).
• B)Financial Accounting Standards Board (FASB).
• C)International Accounting Standards Board (IASB).
• D)American Institute of Certified Public Accountants.

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Definitions:

At-Will Employment

Employment arrangement where either the employer or the employee can terminate the employment relationship at any time without prior notice, for any reason not prohibited by law.

United States

A federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

Disparate-Treatment Discrimination

A form of discrimination in which an employee or job applicant is treated unfavorably because of their race, color, national origin, sex, or religion in comparison to others.

Disparate-Impact Discrimination

Unintentional discrimination that occurs when a neutral policy disproportionately affects a protected group.