Which of the following is the name used to describe financial reporting frameworks other than GAAP which include: cash basis, tax basis, regulatory basis, or contractual basis.
A) Applicable.
B) PCAOB.
C) Special reports.
D) Special purpose.

Question

Quizplus · Accepted Answer

The name used to describe financial reporting frameworks other than GAAP is special purpose. The options A, B, and C are not correct descriptions of such frameworks.

Which of the Following Is the Name Used to Describe