The Network of Conventions,rules,guidelines,and Procedures Used by the Accounting Profession

question 156

Multiple Choice

The network of conventions,rules,guidelines,and procedures used by the accounting profession is known as generally accepted

• A)auditing standards.
• B)accounting procedures.
• C)accounting principles.
• D)auditing principles.

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Definitions:

Multiculturalism

A policy or ideology that promotes the inclusion, representation, and rights of diverse cultural groups within a society.

Cultural Imperialism

The practice of promoting and imposing a culture, usually that of a politically dominant nation, over a less powerful society.

Cultural Relativism

The principle that an individual's beliefs and activities should be understood by others in terms of that individual's own culture.

Cultural Leveling

The process where distinct cultures become more similar to each other, often due to globalization and international influences.