The following definitions were discussed in the chapter: 1. The accounting rules followed by U.S. corporations. 2.
Question:
1. The accounting rules followed by U.S. corporations.
2. The governmental entity whose mission is to protect investors.
3. The accounting organization that contributes rules for more technical issues.
4. The major accounting rulemaking body in the United States.
5. The international accounting rulemaking body.
Required
Match each definition with one of the following terms: FASB; AICPA; SEC; IASB; GAAP.
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