Which of the following is a regulatory agency of the U.S.government?
A) IASB
B) SEC
C) FASB
D) AICPA

Question

Quizplus · Accepted Answer

The SEC (Securities and Exchange Commission) is a regulatory agency of the U.S. government responsible for protecting investors, ensuring fair and efficient markets, and facilitating capital formation. The IASB (International Accounting Standards Board), FASB (Financial Accounting Standards Board), and AICPA (American Institute of Certified Public Accountants) are not government agencies but rather private organizations involved in accounting and financial reporting standards.

Which of the Following Is a Regulatory Agency of the U.S.government