Author Question: GAAP is the accounting profession's rule-setting body. Indicate whether the statement is true or ... (Read 47 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?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

For a complete list of videos, visit our video library