Which One of the Following Is the Authoritative Body in the United

question 130

Multiple Choice

Which one of the following is the authoritative body in the United States having the primary responsibility for developing accounting principles?

• A) FASB
• B) IRS
• C) SEC
• D) AICPA

---

Definitions:

Auburn Prison

A correctional facility in Auburn, New York, known for establishing the Auburn system, a model of prison discipline involving silent congregate labor.

Slaughter Of Buffalo

The mass killing of the American buffalo (bison) primarily in the 19th century, which nearly led to their extinction and had a profound impact on Native American cultures.

Great Plains Indians

Indigenous peoples who inhabited the Great Plains region of North America, known for their horse culture and buffalo hunting practices.

U.S. Military Leaders

Individuals who hold commanding positions in the United States Armed Forces and are responsible for strategic planning, operations, and decision-making in various military operations.