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The Organization That Designates Which Authoritative Standard Setting Body Is

Question 25

Multiple Choice

The organization that designates which authoritative standard setting body is responsible for establishing accounting and financial reporting standards for particular kinds of organizations (e.g.,federal,state,and local government,not-for-profit,and business organizations) is the:


A) American Institute of Certified Public Accountants.
B) Financial Accounting Foundation.
C) Government Finance Officers Association.
D) Association of Government Accountants.

Correct Answer:

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