In 2017, the American Institute of CPAs Joined with Which

question 89

Multiple Choice

In 2017, the American Institute of CPAs joined with which of the following to form the Association of International Certified Public Accountants?

• A) the Chartered Institute of Management Accountants
• B) the Securities and Exchange Commission
• C) the Public Accounting Oversight Board
• D) the Japanese Institute of Certified Public Accountants

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Definitions:

Doctrine

A principle or body of principles presented for acceptance or belief by a religious, political, scientific, or philosophic group.

Quantum Meruit

“As much as he has earned.” A quasi-contractual remedy that permits a person to recover a reasonable price for services and/or materials requested, where no price is established when the request is made.

Specific Performance

A court order requiring a party to fulfill their obligations under a contract, rather than providing a financial compensation for failing to fulfill it.

Opera Singer

A performer, usually professionally trained, who specializes in singing classical music compositions in operas.