Which of the Following Was the First Accounting Standard to Address

question 66

Multiple Choice

Which of the following was the first accounting standard to address lessor accounting?

• A)ARB 38 in 1949
• B)APB Opinion No. 7 in 1966
• C)APB Opinion No. 3 in 1973
• D)SFAS No. 13 in 1976

---

Definitions:

Backstage View

Backstage view is a feature in Microsoft Office applications that provides access to file-related operations, such as saving, opening, printing, and sharing documents.

Database

A structured collection of data that is stored and accessed electronically from a computer system.

Navigation Pane

A component of a graphical user interface that allows users to locate and manage the hierarchy of their files, folders, or other data elements.

Database Object

A data structure, such as a table, view, sequence, or index, used to store and organize data in a database.