Which of the Following Is the Highest in the Hierarchy

question 13

Multiple Choice

Which of the following is the highest in the hierarchy of generally accepted accounting principles according to AICPA Statement of Auditing Standard No.69,as amended by SAS No.91,for the federal government entities?

• A)AICPA Audit and Accounting Guide.
• B)FASB emerging issues task force reports.
• C)GASB statements.
• D)FASAB statements.

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Definitions:

Psychology

The scientific study of the mind and behavior, exploring various aspects of conscious and unconscious experience.

Trained Introspection

A method used in early psychology involving trained observers reporting their thoughts and mental processes in response to stimuli.

Subjective

Based on or influenced by personal feelings, tastes, or opinions, rather than external facts or evidence.

Psychological Research

The scientific study of the mind and behavior through experiments, observation, and analysis to understand psychological phenomena.