Social Studies College

standards promulgated by the fasb are most likely to be adhered to by which of the following governmental units?

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Answer 1

Standards promulgated by the FASB are most likely to be adhered to by  electric utility Option(1)

The Financial Accounting Standards Board (FASB) is a private, non-profit organization that establishes accounting and financial reporting standards for public and private companies, nonprofit organizations, and state and local governments in the United States. While adherence to FASB standards is not mandatory for state and local governments, many do follow them to ensure transparency and accountability in their financial reporting.

However, governmental units may also follow other accounting and financial reporting standards set by regulatory bodies, such as the Governmental Accounting Standards Board (GASB) or the International Public Sector Accounting Standards (IPSAS).

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Full Question: Standards promulgated by the FASB are most likely to be adhered to by which of the following governmental units

electric utilityNFP organizationsa brother to a sister

Related Questions

true/false. intelligence is relatively independent of education and includes reasoning, memory, and speed of processing, which declines slowly as people age.

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Option b: Fluid intelligence is relatively independent/self-determining of education and includes/contains reasoning, memory, and speed of processing, which declines slowly as people age.

Fluid intelligence refers to the capacity to reason rapidly, think abstractly, and solve problems without relying on prior knowledge. Despite being distinct from crystallized intelligence, cognitive flexibility and crystallized intelligence are closely related, and we use both in many of the same situations.

As businesses prepare for the challenges of the next decade,Fluid intelligence is a topic of intense discussion, with many experts predicting that it will be crucial in the business world. Therefore, accurately evaluating cognitive flexibility is extremely important.

Thomas offers various tests that evaluate the characteristics associated with cognitive flexibility/Fluid intelligence, which can assist you in recruiting more efficiently for your workplace.

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Complete question:

_____ intelligence is relatively independent of education and includes reasoning, memory, and speed of processing, which declines slowly as people age.

Informational

Fluid-

Crystallized

Practical

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