The Private Sector Organization Involved in Developing Accounting Principles Is

question 62

Multiple Choice

The private sector organization involved in developing accounting principles is the

• A)Feasible Accounting Standards Body.
• B)Financial Accounting Studies Board.
• C)Financial Accounting Standards Board.
• D)Financial Auditors' Standards Body.

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Definitions:

Organizational Cultural Hindrance

Barriers or obstacles within an organization's culture that impede progress, change, or the achievement of goals, often due to entrenched attitudes or norms.

Mergers And Acquisitions Hindrances

Refers to obstacles or challenges that can impede or complicate the process of merging or acquiring companies, such as cultural differences, regulatory issues, or financial constraints.

Organizational Culture Artifact

Tangible symbols or objects, such as rituals, ceremonies, or the physical layout of a workspace, that represent the underlying values and beliefs of an organization.

Formalized Actions

Procedures or behaviors that follow established rules or guidelines, often to ensure consistency, efficiency, or compliance within an organization.