Author Question: Through the generally accepted accounting principles (GAAP), the Financial Accounting Standards ... (Read 121 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
Through the generally accepted accounting principles (GAAP), the Financial Accounting Standards Board (FASB) aims to ensure that financial statements are _____.
 A) comprehensive, exhaustive, extensive, and independent
  B) relevant, reliable, consistent, and comparable
  C) cursory, intensive, unabridged, and superficial
  D) circumstantial, inferential, presumptive, and provisional

Question 2

The form of business organization that experiences double taxation is the
 A) partnership.
  B) corporation.
  C) venture company.
  D) syndicated partnership.
  E) sole proprietorship.



memslove

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

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

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library