Listed Below Are Ten Organizations Followed by a List of Phrases

question 52

Multiple Choice

Listed below are ten organizations followed by a list of phrases that describe or characterize the organizations. Match each phrase with the correct organization.
-IASB

• A)FASB's predecessor.
• B)Primary national organization of accountants working in industry.
• C)Regulates the financial reporting for public companies.
• D)The FASB's parent organization.
• E)National organization of certified public accountants.
• F)Sets accounting standards in the United States.
• G)Provides timely responses to financial reporting issues.
• H)Advises the FASB
• I)Sets global accounting standards.
• J)Establishes auditing standards in the US for public companies.

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Definitions:

Likelihood

The probability or chance of an event occurring, often assessed in decision-making processes.

Behavioral Consequences

The outcomes or results that follow from specific behaviors, which can reinforce or discourage the behavior.

Desired Behavior

Actions or conduct that are sought after or encouraged within a certain context, such as a workplace or community.

Reinforcement Schedule

A strategy in behavior analysis that determines how and when a behavior will be reinforced to encourage or discourage it.