Match the acronym with the description that best reflects it.(There are more descriptions than acronyms. )
-SOX
A) The U.S.agency that must approve mergers between very large publicly owned corporations.
B) The U.S.Board that approves the rules for auditing publicly owned companies.
C) The organization that establishes business laws in the U.S.
D) The Board that establishes the accounting rules that govern American owned corporations.
E) This organization regulates activities associated with the stock market such as the reporting of financial data by publicly owned companies.
F) The national professional organization of accountants.
G) Rules of financial accounting created by the FASB for use in the United States.
H) A set of laws established to strengthen corporate reporting in the United States.
I) The Board that establishes international accounting standards.
J) The U.S.agency that certifies foreign accounting firms to practice in the U.S.
Correct Answer:
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