Listed Below Are Five Terms Followed by a List of Phrases

question 21

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Accounting Principles Board

• A)Its EITF Issues are GAAP when entered in the Accounting Standards Codification.
• B)It is the national organization for CPAs in the United States.
• C)It has the authority to set U.S. accounting standards.
• D)It established GAAP before the FASB.
• E)Undermines representational faithfulness by being inconsistent with neutrality.