Listed Below Are Ten Organizations Followed by a List of Phrases

question 43

Multiple Choice

Listed below are ten organizations followed by a list of phrases that describe or characterize the organizations. Match each phrase with the correct organization.
-FASB

• A)FASB's predecessor.
• B)Primary national organization of accountants working in industry.
• C)Regulates the financial reporting for public companies.
• D)The FASB's parent organization.
• E)National organization of certified public accountants.
• F)Sets accounting standards in the United States.
• G)Provides timely responses to financial reporting issues.
• H)Advises the FASB
• I)Sets global accounting standards.
• J)Establishes auditing standards in the US for public companies.

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Definitions:

Supply Chain

A network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Procurement

The process of finding, acquiring, and buying goods, services, or works from an external source, often via tendering or competitive bidding processes.

Procurement

Procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process.