The SEC and FASB are best described as external influences that directly affect an organization's
A) hiring practices.
B) philosophy and operating style.
C) internal environment.
D) methods of assigning authority.

Question

Quizplus · Accepted Answer

The SEC (Securities and Exchange Commission) and FASB (Financial Accounting Standards Board) are regulatory bodies that set standards and regulations for financial reporting and accounting practices, affecting an organization's internal environment. They do not directly impact hiring practices, philosophy and operating style, or methods of assigning authority.

The SEC and FASB Are Best Described as External Influences