Which of the following organizations is responsible for developing uniform worldwide accounting standards?

Question

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The International Accounting Standards Board (IASB) is responsible for developing uniform worldwide accounting standards, known as International Financial Reporting Standards (IFRS). The Securities Exchange Commission (SEC) is a regulatory agency in the United States that oversees financial reporting by publicly traded companies. The Financial Accounting Standards Board (FASB) is another US-based organization that sets accounting standards for US companies. The International Organization of Accounting Boards (IOAB) is not a real organization.

Which of the Following Organizations Is Responsible for Developing Uniform