
Accounting Laws & Regulations ICEV
Authored by Patricia Trubee
Business
8th Grade - Professional Development
Used 22+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
following the correct accounting procedures, according to moral values and company ethical standards when available
Accounting Laws
Accounting Ethics
Accounting Regulations
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
established principles and rules which govern accounting settings in different situations
Accounting Laws
Accounting Ethics
Accounting Regulations
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
national professional organization which helps develop and administer CPA exams and promote ethical practices in the accounting profession
Financial Accounting Standards Boards (FASB)
Generally Accepted Accounting Practices (GAAP)
American Institute of Certified Public Accountants (AICPA)
Securities and Exchange Commission (SEC)
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An accounting regulation which creates a set of rules articulating the firm's values
mission rules
vision rules
measurement rules
boundary rules
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
morals and principles within a company which inform the firm's accounting practices
measurement rules
ethical rules
mission rules
vision rules
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
private-sector organization, not under direct government control which helps improve accounting standards
Financial Accounting Standards Boards (FASB)
Generally Accepted Accounting Practices (GAAP)
American Institute of Certified Public Accountants (AICPA)
Securities and Exchange Commission (SEC)
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
an accounting regulation regarding the quantifiable and correlative nature of accounting data
measurement rules
ethical rules
mission rules
vision rules
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