Start learning →

The SEC hands the job of writing US accounting standards to the:

AFASB
BFSSAI
CFIFA
DFICCI
Answer & Solution
Correct answer: A. FASB
1. The SEC enforces rather than drafts. 2. A standards board writes the rules. 3. That board is the FASB. _Source: OpenStax Principles of Accounting Volume 1, Chapter 3, Analyzing and Recording Transactions._
Practise this question with Quill — B.Com Taxation →

Keep practising Accounting Principles and Double Entry

Browse all Accounting Principles and Double Entry questions for B.Com Taxation, or explore more Accountancy topics.

Start a Accounting Principles and Double Entry lesson →
Related questions
Accounting bingoType the numberSort the accounting ideasDebit or credit normalSlice the accounting wordsRun the ledger gatesPop the financial statementsCatch the accounting words