Which of the following is a source of pressure that may influence the accounting standard setting process?

Question

Quizplus · Accepted Answer

All three options are sources of pressure that can influence the accounting standard setting process. Congress can pass legislation that affects accounting standards, lobbyists can advocate for certain accounting standards that benefit their clients, and CPA firms can have a vested interest in certain accounting standards that affect their business operations.

Which of the Following Is a Source of Pressure That