Question: The authoritative body that is responsible for setting Generally Accepted Accounting Standards is: Internal Revenue service (IRS) Security and Exchange Commission (SEC) Financial Accounting and

The authoritative body that is responsible for setting Generally Accepted Accounting

The authoritative body that is responsible for setting Generally Accepted Accounting Standards is: Internal Revenue service (IRS) Security and Exchange Commission (SEC) Financial Accounting and Standard Board (FASB) o CAmerican Institute of Certified Public Accountants (AICPA)

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