Monday 11 December 2017

ACCT 304 Week 1 to 7 Quizzes

ACCT 304 Week 1 to 7 Quizzes
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 Question 1. Question : (TCO 1) Which of the following has the authority to set accounting standards in the United States?
FASB
IRS
SEC
AICPA
: 1
Question 2. Question : (TCO 2) SFAC No.5 focuses on:
objectives of financial reporting.
qualitative characteristics of accounting information.
Recognition and measurement concepts in accounting, including assumptions and principles.
elements of financial statements.

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