Presently,no regulatory agency,such as the Securities and Exchange Commission or the Financial Accounting Standards Board,accepts responsibility for determining either the content of financial ratios or the format of presentation in annual reports.

Question

Quizplus · Accepted Answer

Currently, there is no regulatory agency that takes responsibility for determining the content or format of financial ratios in annual reports.

Presently,no Regulatory Agency,such as the Securities and Exchange Commission or the Financial