The Financial Accounting Standards Board Is Responsible for Establishing

question 88

Multiple Choice

The Financial Accounting Standards Board is responsible for establishing:

• A) the code of professional conduct for accountants.
• B) the Securities and Exchange Commission.
• C) generally accepted accounting principles.
• D) international accounting financial standards.

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Definitions:

Ethical

Ethical pertains to morals, principles, and practices governing the conduct of a person or the members of a profession.

Motivational Interviewing

A counselling approach that helps individuals resolve ambivalent feelings and insecurities to find the internal motivation they need to change their behavior.

Humanistic

An approach in psychology that emphasizes the individual's inherent drive towards self-actualization and creativity, focusing on the whole person and their personal growth.

Motivational Interviewing

A counseling approach that seeks to engage a client's intrinsic motivation to change behavior by exploring and resolving ambivalence.