In Canada, Who Developed the Accounting Standards for Private Enterprises

question 2

Multiple Choice

In Canada, who developed the accounting standards for private enterprises?

• A)International Accounting Standards Board
• B)Accounting Standards Board
• C)Financial Accounting Standards Board
• D)Ontario Securities Commission

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Definitions:

Kant

A profound influential philosopher, Immanuel Kant is celebrated for his work in the critique of pure reason and his moral philosophy that emphasizes duty, autonomy, and the moral law.

Authoritative Knowledge

Knowledge or information that is widely accepted and respected, often due to its source's credibility or its empirical verification.

Science

An organized effort that develops and arranges knowledge as verifiable explanations and forecasts regarding the cosmos.

Rationality

The quality of being based on or in accordance with reason or logic.