Question: Which accounting standard-setting body is responsible for developing and issuing Generally Accepted Accounting Principles (GAAP) in the United States? A) International Financial Reporting Standards (IFRS)

Which accounting standard-setting body is responsible for developing and issuing Generally

Which accounting standard-setting body is responsible for developing and issuing Generally Accepted Accounting Principles (GAAP) in the United States? A) International Financial Reporting Standards (IFRS) B) Financial Accounting Standards Board (FASB) C) Securities and Exchange Commission (SEC) D) International Accounting Standards Board (IASB)

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