Question and answer
The Statements of Financial Accounting Standards that automatically become generally accepted accounting principles are issued by A)the IRS, B)the SEC, C)the FASB, D)the AICPA
c.FASB
Get an answer
Original conversation
User: The matching principle requires that all known costs be charged to the current period of operations. True or False

User: The matching principle requires that all known costs be charged to the current period of operations. a.True b.False

User: The matching principle requires that all known costs be charged to the current period of operations. a.True, b.False

User: The Statements of Financial Accounting Standards that automatically become generally accepted accounting principles are issued by A.the IRS. B.the SEC. C.the FASB. D.the AICPA.

User: The Statements of Financial Accounting Standards that automatically become generally accepted accounting principles are issued by A)the IRS, B)the SEC, C)the FASB, D)the AICPA





Weegy: c.FASB
Expert answered|mythmoh|Points 4609|

Question
Asked 4/19/2012 11:12:16 AM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
In its conceptual framework, the FASB concluded that financial reporting rules should concentrate on providing information that is helpful to (Points : 5) a. current and potential investors and creditors in making investment and credit decisions, B. management, tax authorities, and regulatory agencies, C. Both of the above. D.Neither of the above
Weegy: User: In its conceptual framework, the FASB concluded that financial reporting rules should concentrate on providing information that is helpful to (Points : 5) a. [ current and potential investors and creditors in making investment and credit decisions ] (More)
Question
Expert Answered
Asked 4/19/2012 11:31:21 AM
0 Answers/Comments
The Statements of Financial Accounting Standards that automatically become generally accepted accounting principles are issued by A.the IRS. B.the SEC. C.the FASB. D.the AICPA. User: The matching principle requires that all known costs be charged to the current period of operations. (Points : 5) True False
Weegy: true User: If an expenditure that is expected to benefit future periods is made during one accounting period, the cost should be divided and charged as an expense during each period benefited. (Points : 5) True False Weegy: true User: In its conceptual framework, the FASB concluded that financial reporting rules should concentrate on providing information that is helpful to (Points : 5) current and potential investors and creditors in making investment and credit decisions. management, tax authorities, and regulatory agencies. Both of the above. Neither of the above (More)
Question
Expert Answered
Asked 4/19/2012 11:25:40 AM
0 Answers/Comments
The Accounting Standards Executive Committee issues three important types of documents (Points : 5) A.accounting and auditing guides. B.statements of position. C.practice bulletins. D.all of these.
Question
Not Answered
Updated 4/17/2013 5:12:59 PM
1 Answer/Comment
The Accounting Standards Executive Committee issues three important types of documents , therefore the answer is D.all of these.
The three important types of documents issued by The Accounting Standards Executive Committee are ;
1. Audit and Accounting Guidelines: It concludes the accounting practices for specific industries like colleges, airlines, and casinos. It offers specific guidance on issues that are not addressed by FASB or GASB.
2. Statements of Position: This offers guidelines on topics related to financial reporting until they are addressed by FASB or GASB.
3. Practice Bulletins: It reflects the views of AcSEC on narrow financial reporting issues not addressed by the FASB or the GASB.
Read more at Buzzle:
Added 4/17/2013 5:13:00 PM
18,796,154 questions answered
Popular Conversations
What is the equation of the line that passes through (4, -1) and (-2, ...
Weegy: The equation of the line that passes through (4, -1) and (-2, 3) is: 2x + 3y - 5 = 0. User: If f(x) = 3x2 - ...
12/19/2014 9:38:50 AM| 4 Answers
Simplify 7(n - p) + 5p. User: Simplify 8 + 3{x - 2[x + 5(x + 3)]}. ...
Weegy: 3-3 = 0 User: Select the correct product. (y + z)3 Weegy: What do you want me to do about your equation? ...
12/19/2014 10:41:10 AM| 4 Answers
3 + 2y = -3, what is y?
12/19/2014 1:06:06 PM| 3 Answers
What is the solution of the equation? A. –4 B. 8 C. 44 ...
Weegy: (b + 6)/5 = 10 b + 6 = 50 b = 50 - 6 b = 44 User: What is the solution of the equation? 3 = b + 3 A. 9 ...
12/19/2014 4:08:47 PM| 3 Answers
The US is the world’s leading producer of ...
12/19/2014 6:33:14 AM| 2 Answers
Solve: 2x + 16 = 40
Weegy: 2x + 3 = 5; 2x = 5 - 3; 2x = 2; x = 2/2; x = 1 User: Factor: x2 - 12x + 27
12/19/2014 7:51:37 AM| 2 Answers
Find the product. -2x a(-4x b - 2x 3 + 5x)
Weegy: 2x a(-4x b - 2x 3 5x), The result is 2xa(-4bx-30x^2) User: Simplify 8 + 3{x - 2[x + 5(x + 3)]}. User: Find ...
12/19/2014 10:32:54 AM| 2 Answers
monologue User: Shepheardes Calender
12/19/2014 11:08:20 AM| 2 Answers
Find the product mentally. (2m - 9)2
Weegy: 3-3 = 0 User: Select the correct product. (a + 8)(b + 3)
12/19/2014 11:08:48 AM| 2 Answers
Find the product mentally. (ab + 3)(ab - 3)
Weegy: 3-3 = 0 User: Find the product. (r + s)2
12/19/2014 11:11:21 AM| 2 Answers
Weegy Stuff
S
L
P
Points 1116 [Total 4960]| Ratings 0| Comments 1116| Invitations 0|Offline
S
L
Points 712 [Total 1403]| Ratings 1| Comments 702| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 663 [Total 14848]| Ratings 0| Comments 663| Invitations 0|Offline
S
Points 663 [Total 663]| Ratings 1| Comments 653| Invitations 0|Offline
S
P
C
L
P
L
1
Points 88 [Total 6407]| Ratings 1| Comments 78| Invitations 0|Offline
S
L
Points 72 [Total 1532]| Ratings 1| Comments 62| Invitations 0|Online
S
1
L
L
Points 33 [Total 6700]| Ratings 0| Comments 33| Invitations 0|Offline
S
Points 30 [Total 30]| Ratings 0| Comments 0| Invitations 3|Offline
S
Points 23 [Total 29]| Ratings 0| Comments 23| Invitations 0|Offline
S
Points 22 [Total 22]| Ratings 0| Comments 2| Invitations 2|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.