Select the Organization That Most Closely Achieves the Role Described

question 242

Short Answer

Select the organization that most closely achieves the role described. (Choices may be used more than once.)
a.Financial Accounting Standards Board (FASB)
b.International Accounting Standards Board (IASB)
c.Securities and Exchange Commission (SEC)
-Issues financial accounting concepts that are used as a guide to accounting standard-setting in the U.S.

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Definitions:

Offshoring

The practice of relocating business processes or production to another country to reduce costs or take advantage of favorable conditions.

Production Facility

A place equipped with the necessary equipment and machinery for the manufacture of products.

Quantity Flexibility

An adjustment mechanism within supply chain management allowing for changes in order quantities to meet actual demand.

Market Intelligence

The process of gathering, analyzing, and interpreting information about a market, including information about competitors, customers, and other market dynamics.