As of 2011, the responsibilities of the Accounting Standards Board (AcSB) in Canada relate to setting standards for
A. publicly accountable entities only.
B. both publicly accountable entities and private enterprises.
C. private enterprises, not-for-profit entities and pension plans.
D. not-for-profit entities and pension plans only.
Answer:C
As of 2011, the responsibilities of the Accounting Standards Board (AcSB) in Canada relate to setting standards for
A. publicly accountable entities only. B. both publicly accountable entities and private enterprises. C. private enterprises, not-for-profit entities and pension plans. D. not-for-profit entities and pension plans only.