The Canada Revenue Agency (CRA)is responsible for establishing accounting standards used by accountants working in government accounting.

Question

Quizplus · Accepted Answer

The Canada Revenue Agency (CRA) is not responsible for establishing accounting standards used by accountants working in government accounting. Instead, accounting standards for this sector are established by the Public Sector Accounting Board (PSAB).

The Canada Revenue Agency (CRA)is Responsible for Establishing Accounting Standards