Which of the following documents includes all of the accounting standards?
A)Regulation S-X
B)The FASB Conceptual Framework
C)Statements of Financial Accounting Standards
D)none of these

Question

Quizplus · Accepted Answer

None of these documents individually includes all of the accounting standards. Regulation S-X outlines the form and content of financial statements required by the SEC, the FASB Conceptual Framework provides an underlying structure for the development of accounting standards, and Statements of Financial Accounting Standards (issued by the FASB) are specific standards, but not all encompassing.

Which of the Following Documents Includes All of the Accounting