Which of the following statements is correct?
A)There is no hierarchy with respect to primary sources of GAAP.
B)There is no hierarchy with respect to secondary sources of GAAP.
C)Both primary and secondary sources of GAAP have established hierarchies.
D)Neither primary nor secondary sources of GAAP have established hierarchies.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is correct?
A)There is no hierarchy with respect to primary sources of GAAP.
B)There is no hierarchy with respect to secondary sources of GAAP.
C)Both primary and secondary sources of GAAP have established hierarchies.
D)Neither primary nor secondary sources of GAAP have established hierarchies.

Which of the Following Statements Is Correct