What sources of information used by external decision making are directly affected by existing FASB standards?
A) Accounting Policies
B) Management Discussion and Analysis
C) Economic Statistics
D) Letters to Stockholders

Question

Quizplus · Accepted Answer

FASB standards directly affect accounting policies as they set the guidelines for how financial information should be reported, which is crucial for external decision-making.

What Sources of Information Used by External Decision Making Are