Which of the following is not a major standard-setting body responsible for the establishment of U.S. and international GAAP (Generally Accepted Accounting Principles)?
A) SEC (Securities Exchange Commission) B) PCAOB (Public Company Accounting Oversight Board) C) FASB (Financial Accounting Standards Board) D) IASB (International Accounting Standards Board)
B
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Answer the following statement true (T) or false (F)
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