The agency of the federal government that, among other responsibilities, prescribes the methodology for reporting accounting results for companies whose stock is publically traded is the: a. Federal Reserve (The Fed) b. Securities and Exchange Commission (SEC) c. Internal Revenue System (IRS) d. American Institute of Certified Public Accountants (AICPA) e. None of the Above

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 2MC: Which of the following is the federal, independent agency that provides oversight of public...
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The agency of the federal government that, among other responsibilities, prescribes the methodology for reporting accounting results for companies whose stock is publically traded is the:

a.

Federal Reserve (The Fed)

b.

Securities and Exchange Commission (SEC)

c.

Internal Revenue System (IRS)

d.
American Institute of Certified Public Accountants (AICPA)
e.

None of the Above

 
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