Certain U.S. accounting standards have been, and will be, amended to aid in the international convergence process. The process of changing these standards usually involves
A. a short deliberation followed by a vote of the U.S. Congress.
B. acceptance of the change by the Internal Revenue Service.
C. rejecting all existing standards and developing an entirely new concept.
D. selecting the best standard between existing U.S. and international standards.
Answer: D
You might also like to view...
Humans everywhere create and assign people to categories they consider important
Indicate whether the statement is true or false
Generalizations are valid only if they rely on evidence that can be observed directly or verified through our senses, according to:
a. psychology. b. organic science. c. sociological imagination. d. empiricism. e. ontology.
Nonverbal communication is communication using body movements, gestures, and facial expressions instead of speech
Indicate whether the statement is true or false
________ is essential to the success of today's social movements.
A. Access to mainstream media B. Effective communication C. Large financial backing D. Face-to-face contact