Which Body Has the Primary Responsibility for Establishing Accounting Standards

question 25

Multiple Choice

Which body has the primary responsibility for establishing accounting standards in Japan?

• A)Japanese Institute of Certified Public Accountants (JICPA)
• B)Japanese Accounting Association (JAA)
• C)Japan's Ministry of Finance (MoF)
• D)International Accounting Standards Board (IASB)

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Definitions:

Written Analysis

The process of critically evaluating or discussing a subject in written form to understand its components or relationships.

Bins

Storage containers or categories used in data analysis for grouping data points, or in physical organization to sort items.

Measurement Values

Quantitative data obtained from measuring objects or events, used for analysis or comparison.

Frequency Distributions

A statistical analysis showing the number of instances in which a variable takes each of its possible values.