The Organization(s) Primarily Responsible for Establishing Generally Accepted Accounting Principles $\begin{array} { cc} & \text { FASB } & \text { SEC } \\\end{array}$

The organization(s) primarily responsible for establishing generally accepted accounting principles is(are) the $\begin{array} { cc} & \text { FASB } & \text { SEC } \\\end{array}$
A) $\begin{array} { cc}&\text {no } && \text { no } \\\end{array}$
B) $\begin{array} { cc} &\text { yes } && \text { no } \\\end{array}$
C) $\begin{array} { cc} &\text {no } && \text { yes } \\\end{array}$
D) $\begin{array} { cc} &\text { yes } && \text { yes }\end{array}$