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Based on Piagetian theory,which of the following relationships is NOT correct?
Financial Accounting Standards
Rules and guidelines developed by authoritative entities to govern how financial statements should be prepared and presented.
IASB
The International Accounting Standards Board, an independent body that develops and approves International Financial Reporting Standards (IFRS).
AICPA
The American Institute of Certified Public Accountants, a professional organization for certified public accountants in the United States.
SEC
Stands for the Securities and Exchange Commission, a U.S. government agency responsible for regulating the securities markets and protecting investors.
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