Which of the Following Organizations Issue Standards That Focus on Both

question 13

Multiple Choice

Which of the following organizations issue standards that focus on both internal and external financial reporting? 

• A) Federal Accounting Standards Advisory Board.
• B) Governmental Accounting Standards Board.
• C) Financial Accounting Standards Board.
• D) American Institute of CPAs.

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Definitions:

Direct Instruction

A teaching method that is structured, sequenced, and led by teachers, focusing on clear, explicit instruction of academic skills.

Creativity

The ability to produce original and valuable ideas or objects.

Parent Participation

The involvement of parents in the educational and developmental processes of their children.

Cooperation

The process or action of working together to the same end or goal, often within a group or team.