Financial Accounting Knowledge Quiz

Suppliers, government agencies, and international organizations

Stockholders, suppliers, and government agencies (correct)

Banks, employees, and business owners

Employees, business owners, and international organizations

International Monetary Fund (IMF)

International Accounting Standards Board (IASB) (correct)

Generally Accepted Accounting Principles (GAAP)

World Bank

Local accounting standards

International Accounting Standards Board (IASB)

Generally Accepted Accounting Principles (GAAP) (correct)

International Financial Reporting Standards (IFRS)

<p>Summary, analysis, and reporting of financial transactions related to a business</p> Signup and view all the answers

<p>Consistency in financial reporting</p> Signup and view all the answers