Author Question: AICPA pronouncements have approximately the same level of authority as articles appearing in the ... (Read 88 times)

Tirant22

  • Hero Member
  • *****
  • Posts: 532
AICPA pronouncements have approximately the same level of authority as articles appearing in the Journal of Accountancy.
 
  Indicate whether the statement is true or false

Question 2

Most DBMS available today that include SQL also include mechanisms within the DBMS itself for establishing and enforcing referential integrity.
  Indicate whether the statement is true or false



coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

False. AICPA standards always have a higher level of authority than other accounting literature, such as the Journal of Accountancy. If made applicable by the FASB or the GASB, AICPA standards have Level I authority. Other accounting literature is at the lowest level of authority.

Answer to Question 2

T



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library