In the United States, the body that has the final authority over accounting standards is the
A. Financial Accounting Standards Board (FASB).
B. International Accounting Standards Board (IASB).
C. Securities Exchange Commission (SEC).
D. Accounting Standards Oversight Council (AcSOC).
Answer:C
In the United States, the body that has the final authority over accounting standards is the
A. Financial Accounting Standards Board (FASB). B. International Accounting Standards Board (IASB). C. Securities Exchange Commission (SEC). D. Accounting Standards Oversight Council (AcSOC).