During What Year Did the IASB and FASB Reaffirm Their

question 34

Multiple Choice

During what year did the IASB and FASB reaffirm their commitment to achieving convergence of accounting standards in the U.S.?

• A) 2009
• B) 2007
• C) 2002
• D) 2008

---

Definitions:

Psychological Tests

Standardized measures designed to assess various aspects of a person's mental health, personality, intelligence, or abilities.

Self-evaluations

The process through which individuals assess and analyze their own performance, abilities, and qualities.

Cross-sectional Methods

Research methods that analyze data from a population, or a representative subset, at a specific point in time.

Longitudinal Studies

Research methods that involve repeated observations of the same variables (e.g., people) over short or long periods of time to detect changes and developments.