Accounting Acronyms
Quiz by Melissa Childers
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10 questions
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- Q1Name the standard setting body who currently provide guidance on accounting practice.FASBASC30s
- Q2The organization which enforces laws and proposes rules in the securities industry.GAOSEC30s
- Q3The accounting standard adopted by the Securities and Exchange Commission.Certified Public AccountantGenerally Accepted Accounting Standards30s
- Q4Organization for Certified Public Accountants which sets professional practice standards.FASABAICPA30s
- Q5Accounting principles (GAAP) applied to nongovernmental entities in the U.S.IFRSASC30s
- Q6Who oversees the auditing practices of CPAs working in publicly traded companies?GAOPCAOB30s
- Q7Accounting principles (GAAP) applied to governmental entities.GARSIFRS30s
- Q8This federal advisory committee sets GAAP for federal entities.GAOBFASAB30s
- Q9The standard setters providing guidance on accounting practice for governmental entities?GASBFASB30s
- Q10What is the name of the congressional watchdog group which reviews how tax dollars are spent?GAOAPB30s