Author Question: GAAP is the accounting profession's rule-setting body. Indicate whether the statement is true or ... (Read 49 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
GAAP is the accounting profession's rule-setting body.
 
  Indicate whether the statement is true or false

Question 2

The Financial Accounting Standards Board (FASB) is the federal regulatory body that governs the sale and listing of securities.
 
  Indicate whether the statement is true or false



KKcool

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

FALSE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

For a complete list of videos, visit our video library