Which of the Following Groups Has the Primary Responsibility for Establishing

question 165

Multiple Choice

Which of the following groups has the primary responsibility for establishing generally accepted accounting principles for business entities in the United States?

• A) Internal Revenue Service.
• B) U.S. Congress.
• C) Financial Accounting Standards Board.
• D) International Accounting Standards Board.

---

Definitions:

Cyberspace

A virtual environment created by interconnected networks of computers and digital devices, facilitating online communication, information exchange, and digital activities.

Urban Networks

Complex connections between urban areas, including economic, social, and infrastructure links.

Tönnies's Conclusions

The findings or final thoughts of sociologist Ferdinand Tönnies, often related to his concepts of Gemeinschaft (community) and Gesellschaft (society).

Superficial

Concerned only with the obvious or apparent, lacking in depth, substance, or earnestness.