MATCHING Complete the Following Using the Terms Listed

question 41

Multiple Choice

MATCHING
Complete the following using the terms listed.
-Financial statements are prepared according to _____, whose principles encompass the conventions, rules, and procedures for determining acceptable accounting practices at a particular time.

• A)certified public accountant
• B)International Financial Reporting Standards
• C)asset
• D)liability
• E)Owners' equity
• F)accounting equation
• G)balance sheet
• H)income statement
• I)Foreign Corruption Practices Act
• J)accrual accounting
• K)open book management
• L)budget
• M)generally accepted accounting principles (GAAP)
• N)Financial Accounting Standards Board (FASB)
• O)profitability ratios
• P)International Accounting Standards Committee (IASC)
• Q)Leverage ratios
• r
• management accountant

---

Definitions:

Archeology of Knowledge

A methodology developed by Michel Foucault for analyzing historical systems of thought and knowledge production to understand how knowledge is created and changes over time.

Discourse

Encompasses written and spoken communication and the structures that enable and shape these exchanges in society.

Postmodern

Referring to a late-20th-century movement characterized by broad skepticism, subjectivism, or relativism; a general suspicion of reason, and an acute sensitivity to the role of ideology in asserting and maintaining political and economic power.

Historical Epoch

Marks a specific period or era in history characterized by distinctive features, developments, or events.