Which of the Following Statements Is TRUE

question 139

Multiple Choice

Which of the following statements is TRUE?

• A)The IASB is the current standards setting body for the U.S.accounting profession.
• B)The FASB determines U.S.generally accepted accounting principles.
• C)Applying IFRS will require much less judgment and interpretation than following U.S.GAAP.
• D)The IRS determines generally accepted accounting principles.

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Definitions:

Motivate Employees

Motivating employees involves using strategies or practices to inspire and encourage workers to perform their best and achieve organizational goals.

Learned Capabilities

Skills, knowledge, or competencies that are acquired through experience, education, or training rather than being innate.

Employee Aptitudes

The natural talents or ability of workers to perform specific tasks or learn new skills.

Paper Mill

A company or platform that produces academic essays or research papers for a fee, often resulting in plagiarism.