Which set of standards has been developed through accounting practices or established by authoritative organizations within the United States?a.)International Accounting Standards Boardb.)International Financial Reporting Standardsc.)Generally Accepted Accounting Principlesd.)Financial Accounting Standards Board

Standards established by the International Accounting Standards Board are referred to as

International auditing standards are issued by the:  A. International Accounting Standards Board  B. Financial Accounting Standards Board  C. International Audit and Assurance Standards Board  D. Auditing Practices Board

What organization sets the principles and standards of financial accounting and reporting in the private sector?Multiple ChoiceAmerican Institute of Certified Public AccountantsFinancial Accounting Standards BoardSecurities and Exchange Commission’s (SEC)Governmental Accounting Standards Board

Accounting standards issued by the Australian Accounting Standards Board (AASB) are consistent with those issued by the: Group of answer choices Financial Reporting Council (FRC). Australian Taxation Office. Urgent Issues Group. International Accounting Standards Board.

Australian accounting standards are principle-based accounting standards. This means they are:Group of answer choicesBased on concepts derived from the International Financial Reporting Standards issued by the International Accounting Standards BoardUnique accounting rules designed for the Australian economyStrictly based on definite rules that do not require any professional judgment