Author Question: GAAP is the accounting profession's rule-setting body. Indicate whether the statement is true or ... (Read 29 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?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

For a complete list of videos, visit our video library