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:

Ingredients

Components or elements that are combined to create a product or dish.

Self-Worth

An individual’s perception of their own value or worth as a person.

End-Of-Life Decisions

Decisions made regarding the desired medical care and treatment options at the end of an individual's life, often focusing on respecting the person's wishes and improving quality of life.

Environmental

Relating to the natural world and the impact of human activity on its condition.