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Accountants Are Regulated by a Variety of Organizations

Question 45

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Accountants are regulated by a variety of organizations.Match the following statements with the most directly related organizations.Organizations may be used once or not at all.

Premises:
Government Accounting Standards Board.
State Boards of Accountancy.
Financial Accounting Standards Board.
American Institute of Certified Public Accountants.
Public Company Accounting Oversight Board.
Federal Accounting Standards Advisory Board.
Responses:
Issue CPA certificates
Develop accounting standards for the U.S. Government
Prepares the CPA exam
Develop accounting standards for Certified Public and nonpublic companies
Issue auditing standards for public companies

Correct Answer:

Government Accounting Standards Board.
State Boards of Accountancy.
Financial Accounting Standards Board.
American Institute of Certified Public Accountants.
Public Company Accounting Oversight Board.
Federal Accounting Standards Advisory Board.
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