Generally accepted accounting principles are defined by the: A) ...

[panfilo]

Generally accepted accounting principles are defined by the:
 A) International Financial Report Standards Committee.
  B) Securities and Exchange Commission.
  C) Internal Revenue Service.
  D) Financial Accounting Standards Board.
  E) American Institute of Certified Public Accountants.

Question 2

If General Mills has a Cereal Division and a Snack Foods Division, that would be departmentalizing on the basis of:
 A) location.
  B) population.
  C) customer.
  D) function.
  E) product.

[pratush dev]

Answer to Question 1

D

Answer to Question 2

E

[panfilo]

Excellent

[xoxo123]

TYSM