Which of the Following Refers to the Rules and Procedures

question 98

Multiple Choice

Which of the following refers to the rules and procedures governing the content and form of financial reports?

• A) National bookkeeping standards
• B) Core competencies for accounting
• C) Accounting and financial rules
• D) National guidelines of accounting principles
• E) Generally accepted accounting principles

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Definitions:

Arbitration

A method of dispute resolution where an impartial third party, the arbitrator, makes a decision that is usually binding on the parties.

Grievance Procedures

Formalized means by which employees can submit complaints or disputes for resolution by the organization, following specific steps.

Union Steward

An elected representative of union members in the workplace, responsible for enforcing the collective bargaining agreement and assisting members with grievances.

Solicit

To request or seek for something, often by direct appeal or plea.