Identify the level of the literature hierarchy for U. S. GAAP to which each item belongs. Authoritative

Question:

Identify the level of the literature hierarchy for U. S. to which each item belongs.
Authoritative Literature Level 1, 2, or 3?
a. Industry practice ___________________________
b. FASB Concepts Statements ___________________________
c. Codification ___________________________
d. Textbooks ___________________________
e. Authoritative rules and principles from U. S. for similar transactions
___________________________
f. International Financial Reporting Standards (IFRS) ___________________________
g. SEC rules and interpretive releases ___________________________ GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...