As of 2011, the _____ Is an Independent Accounting Standard-Setting

question 63

Multiple Choice

As of 2011, the _____ is an independent accounting standard-setting entity with 15 voting members from a number of countries.

• A)Public Companies Accounting Oversight Board (PCAOB)
• B)International Accounting Standards Board (IASB)
• C)American Institute of Certified Public Accountants (AICPA)
• D)World Institute of Certified Public Accountants (WICPA)
• E)International Institute of Certified Public Accountants (IICPA)

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Definitions:

Refused Delivery

The act of rejecting or not accepting a delivery of goods or mail.

Unascertained Goods

Goods that have not been specifically identified or allocated to a contract at the time of its formation.

Appropriated

The act of taking something for one's own use, typically without the owner's permission.

Title

The legal right to own, possess, or use property.