Three organizations important to accounting are listed below.Select the organization that most closely achieves the role described.
-Prepares and grades the Uniform CPA Examination.
A)American Institute of Certified Public Accountants (AICPA)
B)Financial Accounting Standards Board (FASB)
C)Securities and Exchange Commission (SEC)

Question

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The American Institute of Certified Public Accountants (AICPA) is responsible for preparing and grading the Uniform CPA Examination, which is the standardized examination that must be passed in order to become a licensed Certified Public Accountant (CPA) in the United States. The Financial Accounting Standards Board (FASB) is responsible for setting accounting standards, and the Securities and Exchange Commission (SEC) is responsible for enforcing securities laws and regulations.

Three Organizations Important to Accounting Are Listed Below