The Financial Accounting Standards Board is: Select one: a. Responsible for the review and audit...
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Accounting
The Financial Accounting Standards Board is:
Select one:
a. Responsible for the review and audit of federal income tax returns.
b. Primarily concerned with the preparation of the annual federal budget.
c. A private group that conducts research and determines generally accepted accounting principles.
d. A government agency with legal authority to approve or disapprove the financial statements of corporations that sell their securities to the public.
c. Customers.
d. Trade associations and labor unions.
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