Examlex
Which of the following pairs is MISMATCHED?
Securities & Exchange Commission
A U.S. government agency responsible for enforcing federal securities laws, regulating the securities industry, and ensuring stock market integrity.
GAAP
Generally Accepted Accounting Principles; a collection of commonly followed accounting rules and standards for financial reporting.
FASB
The Financial Accounting Standards Board, an organization responsible for establishing accounting and financial reporting standards for companies and non-profit organizations in the United States.
Financial Statements
Records that outline the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.
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