Which of the Following Organizations Is Primarily Responsible for Establishing

question 66

Multiple Choice

Which of the following organizations is primarily responsible for establishing elements of the conceptual framework,along with the U.S.Financial Accounting Standards Board (FASB) ?

• A) Securities Exchange Commission (SEC)
• B) Certified Management Accountants (CMA)
• C) International Accounting Standards Board (IASB)
• D) Canada Revenue Agency (CRA)

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Definitions:

Managerial styles

The various approaches, techniques, and behaviors managers use to interact with employees, make decisions, and direct operations within an organization.

Production

The process of creating, manufacturing, or producing goods and services to fulfill consumer needs and wants.

New Leadership

A broad term that describes innovations in leadership research, including leadership as symbolic action, followership, transformational leadership, and a view of leadership as socially constructed.

Followership

A leadership approach in which leaders don’t exist without followers; most people are followers most of the time. Exemplary followers are highly committed to the organization, self-managing, and willing to provide honest, independent, and constructive critique to leaders.