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WGU MBA PROGRAM C213 ACCOUNTING OA EXAM LATEST VERSION ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES |ALREADY GRADED A+/ BRAND NEW!!!$20.49
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WGU MBA PROGRAM C213 ACCOUNTING OA EXAM LATEST VERSION ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES |ALREADY GRADED A+/ BRAND NEW!!!
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WGU MBA PROGRAM C213 ACCOUNTING OA
EXAM LATEST VERSION ACTUAL EXAM 150
QUESTIONS AND CORRECT DETAILED
ANSWERS WITH RATIONALES |ALREADY
GRADED A+/ BRAND NEW!!!
Financial Accounting Standards Board (FASB) -
Answer-a private body established and supported by
the joint efforts of the U.S. b...
Answer-a private body established and supported by
the joint efforts of the U.S. business community,
financial analysts, and practicing accountants
The Securities and Exchange Commission (SEC) -
Answer-the organization that regulates U.S. stock
,exchanges and seeks to create a fair information
environment in which investors can buy and sell
stocks without fear that companies are hiding or
manipulating financial data
American Institute of Certified Public Accountants
(AICPA) - Answer-the professional organization of
certified public accountants (CPAs) in the United
States
Public Company Accounting Oversight Board
(PCAOB) - Answer-the organization that inspects the
audit practices of registered audit firms and has
,statutory authority to investigate questionable audit
practices and to impose sanctions such as barring
an audit firm from auditing SEC-registered
companies
Internal Revenue Service (IRS) - Answer-Gov't
agency that establishes rules to define exactly when
income should be taxed. It has no role in setting
financial accounting rules; and a company's financial
statements are not used in determining how much
tax the company must pay
, The International Accounting Standards Board
(IASB) - Answer-Organization that was formed to
develop a common set of worldwide accounting
standards. Its standards are increasingly accepted
worldwide, but FASB rules are still the standard in
the United States.
1. Rapid Advancements in the IT field
2. the international integration of worldwide business
3. Increased scrutiny associated with large corporate
accounting scandals - Answer-Which 3 factors have
combined to make right now a time of significant
change in accounting?
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