Identify the level of the U.S. GAAP Literature Hierarchy that each item belongs to.
$$\begin{array} { | l | l | }
\hline \text { Authoritative Literature } & \text { Level } \
\hline \text { Authoritative rules and principles from U.S. GAAP for similar } & \
\text { transactions } & \
\hline \text { FASB Concept Statements } & \
\hline \text { International Financial Reporting Standards } & \
\hline
\end{array}$$

Question

Identify the level of the U.S. GAAP Literature Hierarchy that each item belongs to.
 $$\begin{array} { | l | l | } 
\hline \text { Authoritative Literature } & \text { Level } \
\hline \text { Authoritative rules and principles from U.S. GAAP for similar } & \
\text { transactions } & \
\hline \text { FASB Concept Statements } & \
\hline \text { International Financial Reporting Standards } & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Identify the level of the U.S. GAAP Literature Hierarchy that each item belongs to.
 $$\begin{array} { | l | l | } 
\hline \text { Authoritative Literature } & \text { Level } \
\hline \text { Authoritative rules and principles from U.S. GAAP for similar } & \
\text { transactions } & \
\hline \text { FASB Concept Statements } & \
\hline \text { International Financial Reporting Standards } & \
\hline
\end{array}$$

Identify the Level of the U