TRUE AND FALSE 9. The three steps in the accounting process are analyze, journalize and post? True False 10. Ethics are more important in accounting than any other profession? True False 11. Relevance means that financial information matches what really happened; the information is factual. True False 12. Congress passed the Sarbanes-Oxley Act to reduce unethical behavior and decrease likelihood of future corporate scandals. True False 13. The primary accounting standards-setting body in the United States is the Financial Accounting Standards Board (FASB) True False 14. Accountants prepare, but do not interpret, financial reports. True False