Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

تمرين 58

What was the significance of the controversy in 1977 over the appropriate accounting principles to be used by oil- and gas-producing companies a.Several major lawsuits resulted.
B)Companies refused to follow the SEC's dictates.
C)Partners of a major accounting firm were indicted on criminal charges.
D)The SEC overruled the FASB on its handling of this matter.