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Accounting Laws & Regulations ICEV

Authored by Patricia Trubee

Business

8th Grade - Professional Development

Used 22+ times

Accounting Laws & Regulations ICEV
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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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