Which Is the Correct Historical Order for the Development of These

question 44

Multiple Choice

Which is the correct historical order for the development of these accounting standards?

• A) AASB series, AAS series, SACs
• B) SACs, AASB series, AAS series
• C) AAS series, AASB series, SACs
• D) AAS series, SACs, AASB series

---

Definitions:

More Powerful

Describes something that has a greater level of strength, influence, or capability compared to others.

Market Pressure

The influence on a company or industry resulting from changes in market conditions, such as customer demand, competition, or regulatory environment.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

American Companies

Businesses that are incorporated in the United States of America.