Generally Accepted Accounting Principles Are Determined by

question 24

Multiple Choice

Generally accepted accounting principles are determined by

• A)annual voting by all certified public accountants.
• B)a privately financed body known as the FASB.
• C)the SEC.
• D)a congressional committee that passes laws governing accounting practice.

---

Definitions:

Multiple Deadlines

Having several due dates for tasks or projects, often occurring simultaneously or in close succession.

Communication

The act of transferring information from one place, person, or group to another, whether verbally, written, visually, or non-verbally.

Evaluation

The systematic assessment of the value, effectiveness, or significance of something through analysis and comparison of data.

Closing Remarks

Final comments or statements made at the end of a presentation, meeting, or written piece that summarize the main points or aim to leave a lasting impression on the audience.