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The Authoritative Financial Accounting Standards-Setting Body in the United States

Question 3

Multiple Choice

The authoritative financial accounting standards-setting body in the United States is presently the:


A) Securities and Exchange Commission (SEC)
B) International Accounting Standards Board (IASB)
C) Public Company Accounting Oversights Board (PCAOB)
D) Financial Accounting Standards Board (FASB)
E) Accounting Principles Board (APB)

Correct Answer:

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