poums
Lo Match the correct term with its definition.
Financial Accounting Standards Board FASB
Gencrally Accepted Accounting Principles GMP
Securities Exchange Commission SEC
Conception Framework
Going Concern Assumption
Time Period Assumption
independent federal agency protecting the interests of invest independent, nomprofit organization that sets financial accou
standards. procedures, and principles companies must follow
Used by the FASB, which is a set of concepts that guide firanc:
assumes a business will continue to operate in the foreseeabl
companies can present useful information in shorter time per
