Question $24$

$3$ pts

$4.$ The SEC grants authority to create and issue accounting rules, guidelines, and standards to which of the following entities? $(3$ points$)$

IFRS

PCAOB

IASB

None of these

IRS

Question $25$

$4$ pts

$5.$ Which of the following are characteristics of decision useful information $($either primary characteristics, components of primary characteristics, or enhancing characteristics$)?$ Select all that apply. $(4$ points$)$

Faithful representation

Neutrality

Verifiability

Relevance

Question $25$

$4$ pts

$5.$ Which of the following are characteristics of decision useful information $($either primary characteristics, components of primary characteristics, or enhancing characteristics$)?$ Select all that apply. $(4$ points$)$

Faithful representation

Neutrality

Verifiability

Relevance