Which of the Following Is Not a Reason Cited in the Text

question 66

Multiple Choice

Which of the following is not a reason cited in the text for the failure of the CAP and the APB as regulatory bodies?

• A)The SEC did not officially endorse private-sector standard setting until 1973.
• B)The CAP and the APB lacked the necessary political structure to ensure their survival.
• C)Policy making was exposed to outside influence.
• D)There appeared to be no due process in the determination of accounting and disclosure rules.

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Definitions:

Counting Backward

The process of subtracting one repeatedly from a starting number, usually as a cognitive or calming technique.

Random Letters

A sequence of letters that lacks any order or predictability, often used in studies or tests assessing memory or pattern recognition.

Random Digits

A series of numbers generated in such a way that each digit has an equal probability of being any value independently of the previous digits.

Central Executive

A component of working memory model that acts as a control system, overseeing attentional processes, and coordinating the information in the system's other components.