Which of the following bodies did not publish one of the important committee reports and documents that lead to accounting objectives and standards?
A)AAA
B)AICPA
C)APB
D)CAP

Question

Quizplus · Accepted Answer

All of the other bodies listed (AAA, AICPA, APB) have published important committee reports and documents that have contributed to the development of accounting objectives and standards. CAP, which stands for Committee on Accounting Procedure, was a committee that was part of the AICPA that operated from 1939-1959. While it did publish reports and documents, it did not have the same level of influence as the other bodies listed in terms of shaping modern accounting standards.

Which of the Following Bodies Did Not Publish One of the Important