Accounting d196 test 2023 - Study guides, Class notes & Summaries

Which primary area of accounting generates reports for internal users? Management Accounting What is the role of the IASB in regulating accounting standards? Establish international accounting standards What group of people make up the FASB? People from a variety of business-related backgrounds What is the role of the GASB in setting accounting standards? The GASB is a private-sector organization that establishes accounting and financial reporting standards for U.S. stat...

Accounting D196 test 2023 Principles of Financial & Managerial Accounting Which primary area of accounting generates reports for internal users? - correct answer Management Accounting What is the role of the IASB in regulating accounting standards? - correct answer Establish international accounting standards What group of people make up the FASB? - correct answer People from a variety of business-related backgrounds What is the role of the GASB in setting accounting standards? - corr...