In Addition to the International Accounting Standards Committee (IASC), Which

question 15

Multiple Choice

In addition to the International Accounting Standards Committee (IASC) , which of the following organizations was considered to be one of the two most important forces in efforts to harmonize accounting standards?

• A) U.S. Financial Accounting Standards Board (FASB)
• B) United Nations (UN)
• C) North Atlantic Treaty Organization (NATO)
• D) European Union (EU)

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Definitions:

Cognitive Dissonance

The unease in one's mind stemming from the coexistence of two or more opposing beliefs, ideas, or values within the same person.

Implicit Attitudes

Unconscious beliefs or feelings towards objects, people, or situations which can influence behavior and perceptions.

Attitude Accessibility

The ease with which an attitude can be retrieved from memory.

Insufficient Justification Effect

A phenomenon where individuals experiencing insufficient external reasons for their actions undergo attitude change to reduce dissonance.